have to reread closer but it looks like debt holders will convert to own 80 per cent of the new shares and the common will get the balance. Massive dilution howev r at least the common shares are not going to be totally wiped out. They will probably do a reverse split and have the new common listed. This might get done in the next six months but at .10 cents a share it might be worth buying.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.