POTN named Hagen as CEO around the middle of last year and he concentrated on pumping up sales and marketing. To my knowledge, since then there has been no other mention of retiring shares. IMO debt should be addressed first.
The latest financials indicate they issued shares and then later retired them - in the same amount. It also appears they arrived at a conversion price on the debt. They also got new loans from reputable sources with conversions at $0.45/share. As long as I've been following them they've done what they said they were going to do. Long and patient!
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