That's correct pristine and thank you for sharing- conversions only on the interest of the loan "only" and I believe soon we will be above .25 cents so even that will become a non-issue as the conversion price of 25 cents will be the lower of the 2 options.
I strongly contend that the recently completed financing will result in acquisitions and Ir & Prs beginning and in the float are very few shares.
The financing completed suggest that the management and the bank feel the share prices will move higher