Until the details of a "win-win" are revealed it could mean anything. In the penny world the most often used "win-win" in these situations is an agreement with the note holders to delay or replace some of the active convertible notes to reduce the current amount available for conversion in return for a substantial increase in the amount of convertible debt they can convert in the future. It is little more than kicking the can down the road and allowing the can to grow in size substantially in the process. Just means it gets harder and harder for the company to get off the convertible debt merry-go-round.
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