Mere conjecture, but I submit, ON-TOPIC:
If the share price of smky continues to fall, the conversion provisions of the Asher Enterprises note provide for the discount of the conversion price to continue. That translates into a statement that the lower the share price goes, the more shares that Asher is entitled to own through debt conversion to equity positions.
Should Asher choose to offer the newly-acquired converted shares for sale in the marketplace, the dilution pollution could drive the share price lower per the Laws of Supply and Demand. More shares available to sell means more supply. More supply with either a constant demand or a lowered demand indicates lower prices per share. All IMHO.