Exxe Group Inc (AXXA)

[piitrs]

I am interested in buying the company. But what worries me from 10K are information about convertible debt like this:
7/01/2022 issued convertible debt with outstanding balance 7,500,000 and Maturity
Date 11/15/2025, conv: 20% off of last day closing, Heinz Georg Schreiber
...
Let's say that on 11/15/2025 the price of AXXA is 0.003 (which is after 20% discount 0.0024) and Heinz Georg Schreiber decides to convert his debt, AXXA has to issue 3125000000 shares to him?