The toxic lenders convert their notes into equity - the problem is it is floorless - the toxic lenders don't care about the price as they won't be holding.
TCA has already cracked Cellucci's dome - the toxic lenders aren't going to play around - why do you think the O/S has increased from 1 million to over 8 Billion in 18 months - because of note conversions.
Anyone that owns stock in the company is an equity investor. So you guys are excited that the toxic noteholders won't be paid off by cash and that instead, Tom will allow them to convert shares so they will have equity from death spiral financing? That is what you guys get excited about? Well you are in for a great time because is great at taking out bad loans and converting those notes into equity. Like I said since Tom has been CEO he has diluted the equivalent of 201 TRILLION shares
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