I would imagine so, but money is fungible and hard to track. I had thought before that they would use the called warrants to pay the debt. It doesn't really matter which dollars they use. The point is that with money from, (1)Future Revenues, (2) Warrants,cheap and the $2.00 ones, (3) Private Placement (4)Increase capital reported flowing in from Q2, they have on hand at least four times as much money as they need for the debt that is left.
WHAT ARE THEY GOING TO DO WITH IT??? WHY ARE THEY DILUTING SHARES TO RAISE IT NOW??