Seriously? That's completely semantics.
They haven't had anything they could sell shares into since "September 20, 2013" as you so kindly put it.
Without that kind of news they probably couldnt sell any shares without risking a no bid scenario. Now, we've got a couple of facebook posts, a ticker change (so people who dont dig deep enough can't find any of the past history), a website that doesn't work, a mailing address that still tracks to a condominium complex, and a virtual office space.
Some of that is news that they, or their toxic financiers can sell stock into. The T/A is gagged or totally bogus and wont respond to emails about the share structure (I've tried).
This is their first real opening to sell shares, and the A/S increases seem to indicate that they're taking advantage.
By your own admittance, none of the old debt was eaten up - it was all transferred to convertibles. Which is essentially the SAME THING!!! It's all fun with words. Spin it however you want.
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