Well, when you do toxic conversion financing with no stated price/share...nothing good usually comes from it. Management was in a bind with these notes outstanding. With every share converted at this point...at least it does take the unknown toxic notes out of play. At this point Mine is able to get better financing as the company moves forward.
You can never go by share price to determine whether something is good or bad for a company. Like I said...the company was put in an almost no win situation to survive. I believe they are turning the corner, but much work still ahead.
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