I totally concur with you. Tom paid of any upcoming convertibles with the new borrowed money from may and June. This gives Tom 6 more months of no conversions while bvtk gets the monies (6.1 mil) owed from past. Tom helped the shareholders out. Tom posted on Twitter 7/20 that he will be going after the monies owed. When bvtk gets this money, bvtk will pay off your may and June notes. I am not worried at all here.