If they were looking to convert in to stock they would not have consolidated a considerable amount of their outstanding convertible debt. Think about it! We're most likely looking at a R/M to take place here!! My guess the r/s consideration would be for an uplist to a higher exchange following a R/M. Most likely for future additional funding. It will attract a lot more investing parties knowing GETH is listed on a higher exchange.
WE NOW AWAIT THE OFFICIAL ANNOUNCEMENT THAT FINANCING WAS OBTAINED!!!
Quote from latest PR:
“Since our prior announced management change we have aligned with a strategic investment firm who consolidated a considerable amount of our outstanding convertible debt and provided cash investments.”
PROVIDED (PAST TENSE) CASH INVESTMENTS (PLURAL WITH AN S) IS SYNONYMOUS TO CONFIRMED FINANCING WORDED DIFFERENTLY!!!!