Tonner One World Holdings Inc (TONR)

[Voices of Reason]

No - that was not me being negative.
If you read my post again... s l o w l y .... you will see I actually congratulated you (more specifically the Company).

So what we know from the official press release is that the funds will be used for "marketing", "pre-order of inventory", and for the "systematic reduction and elimination of existing convertible note financing".

In order to accomplish all of those goals, let's break down the pieces we know - the current existing convertible note (as of Sept 2013) included $427k of convertible notes and another $646.9k added as a subsequent event after Sept 2013. A total of $1,073.9k. Since the press release explicitly states that it intends to reduce and eliminate ALL of the existing convertible note financing, and since there is only $500k of new funding to eliminate this debt, we must assume that a large chunk of the previous convertible notes have already been converted since the release of the last 10Q. That is why it is so important to get the 10K information so that we can fully analyze this "good" news on new funding. How much of the new funding will be needed to reduce/eliminate the existing notes, and how much will be left for running the business (advertising and inventory) - and most importantly to shareholders, how many O/S are there really??