There were 2 of them. One was for $66k and they had already paid off $38k last quarter. The other was for $90k. I'm not sure how much of each of them were paid off as of yesterday. If they paid both of them off completely before now, then it's a moot point. We'll only know when they file something or announce it.
The good news is that there is no more convertible debt due this year and the company had already started paying off next year's notes in the last 10Q.
I'm so glad the new CEO is getting rid of all of this debt. These note holders seem like real scumbags. To clarify my previous point about the rush to .0051 earlier this week, right at the market open, there were light sells (150k) that dragged the PPS down from the previous close at .006 to the new low of .0051. Then the buy orders from the previous day appeared, including a 1M bid at .0058. I'm not sure if that constitutes as MM collusion, but it was extremely suspicious in the very least!
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