BioNitrogen Holdings Corp. (BIONQ)

[Richard2112]

This is not toxic financing. Toxic financing is when the # of shares issued is contigent upon a predicted future price per share that is higher than the actual price per share at that time. Thus there is no incentive for the investor to hold the stock, they just sell.

A123 Systems was a perfect example of toxic financing. Here is an article on what they did...
http://seekingalpha.com/article/760021-a123-systems-an-object-lesson-in-toxic-financing

This is not what bionitrogen has done.