"The idiots who are screaming about possible dilution have not read the SEC filings and the terms of the convertible note which limits conversion to an amount of shares less than 5% of outstanding shares (following conversion). Unlike some other open-ended dilutive financings, CANV's convert has a limitation on share issuance. "
U obviously don't know how these things work. They put that limitation in to avoid having to file a form 13 with the sec. They will convert 4.9% of the stock, dump it on the market then convert another 4.9% then dump it. Rinse and repeat until the stock goes to zero or the note is done...
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