This is my take on deal.
Ok, hypothetically, lets say market price is .0315 Year from now.
Conversion would be 73,500,000 shares.
Ok, hypothetically, lets say market price is .10 year from now.
Conversion would be 44,100,000 shares at .05. Shares are worth exactly $4,410,000.
Does this help you get the picture??? Higher is better for Investor, lower doesn't provide any guarantees on profit.
But for us, technically we are getting $2,205,000 for what will likely be 44,100,000 shares as opposed to current 73,500,000 shares.