Agritek Holdings Inc. (AGTK)

[pcunited]

Legitimate Fundamental analysis question for you all

I looked at the parts of the report that Rookie was talking about that outline the notes the company recently took out that create dilution. Most of the shares that have been issued in these offerings are offered at a significantly lower stock price than where we are currently at (.005-.007 cents a share x7,000,000 etc)

Does this discounted price represent a "premium" for the loaning party? Or is there another reason why the offering was made at this price as opposed to some other price?