Dang! So I just did a quick calculation, so someone that invest at these levels $12,500 could grab 5M shares at .0025, and if this goes back to .02 thouse shares would have a 100k valuation, 200k at .04. Wow.
This company is trading like it will go Bankrupt IMO, and as far as I can see they will eventually work their way out of the toxic convertable debt. I totally agree Dilution of common stock now is better than toxic debt that anyways will dilute at a spread your legs rate while having ability to claim debt and take you court if cant meet obligations. Easy decision in my eyes.