TPTW had put up stock to purchase speedconnect as collateral. Those notes were due, TPTW note holder cashed in those stocks. All toxic notes are gone, refinanced, or being refinanced. No notes are using STOCK as collateral now. As the CEO said many times the company is not diluting the stock anymore. But it was a required evil to purchase speedconnect which performs very well and has over 16,000 paying cable and internet subscribers.
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