Not to mention, in most cases, equity investing per the JOBS act typically requires the investor to hold a stock for 12 months or greater. Not only that but all shareholders are informed of the share price these investors acquired at up front. Also, depending upon the amount initially invested some of these equity holders if >5% are often times on the board as well as the SEC requirement that a '4' is filed any time they dispose shares so we know whether or not they exited as well.
Sure notes have a conversion rate as well but its always a percentage discount of the lowest price traded at over a certain number of days. Not to mention just by the vary nature of their business they are looking to gain their capital back ASAP to either loan it back to the same company if the venture was profitable or find another. The second their shares are 'cut' they are out of there because they are already guaranteed a profit once they have shares in hand. It's kind of like AMSCOT for companies really except the share holders get stuck paying the 'payday' loan fees in terms of pps.
IMHO EVIO needs to find another $3-4M in order to lock down CA. post split (assuming 100:1) with an o/s of ~20M (including preferred shares) I would gladly watch WW hand out 4M shares at $1 a piece to get things moving.
News 
Market Data 
Discover 
AI
