winwarz 8 percent on which note, they could have charged 1% interest with the there option of turning into equity at an absurd discount, dd cornel capital thats what they do on every deal, so what your saying is all the financings that were done under bech, chassman, new willenium, alpha, wood rivers trust etc. i could go on , they had no equity option and were oomly expecting 8 percent on there money, i'm laughing know, matter of fact i have a spreadsheet right in front of me and the conversion price of all there stock, thats why i'm laughing, and some of the posters on this board i consult with and have shared this with so they can confirm that your way off to say the least