Sorry, but each lender gets to convert at a haircut to market. Standard discount is 50% in OTC land. With the stock at .10 cents a conversion would be done at .05 cents. That's how they hedge their investment and make their money. The lower the share price goes the more shares that need to be issued. That's where significant dilution comes into play. No funder will convert more than 4.99% at a time and then they will liquidate into the market. Right now, if they were to convert 100% all at one time (they won't) that equates to 30 million shares. If the stock drops to .05 and they convert at .025 that equates to 60 million shares. Etc., etc., etc. until before you know it the stock is in the triple digits and the conversions equate to hundreds of millions of shares. That's how it works!
Market Data 
Markets
AI
