"Convertible promissory note, dated April 15, 2013, original face value of: $130,000, maturing April 15, 2014, 9.9% interest. Conversion price shall be equal to 60% (40% discount) of the lowest trading price of any day during the 10 consecutive trading days prior to the date on which Holder elects to convert all or part of the note. $ 130,000 (They want this pps as low as possible for conversion during this time period) $ — "
$ 130000 is by a rough calculation the value of shares dumped last 15 minutes of trading, about 20 millions shares..
so is dilution over ?
