Ubiquitech Software Corp (UBQU)

[skypilot1968]

I understand the principle. Theoretically, will the company be debt free when all the convertible shares are cashed in? Initially, I thought they would be debt free when the 900 Million shares were converted and the initial debt was paid. O no...cryptobuy...they borrowed more and diluted further. Then 5 BILLION more convertible shares were added to a loan that is not to be converted for 2 years.
If the Ambassador program is a success. If the name and symbol is changed.
If Hemp Life becomes a money making machine...why would there be a need for further dilution? Can a company retire shares without a reverse split, if the company becomes profitable? DEBT FREE would be a good thing...wouldn't it???