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Monday, June 05, 2017 11:11:12 AM
Wouldn't it only = dilution if the notes were convertable? If so, we wouldn't see the dilution until it was converted.
Also, if it is being used to pay other debt, which is convertible, then it is in fact preventing dilution.
Best case is the new debt is not convertible and it is used to pay off concertible notes.
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