4.9% OF O/S LIMITATION MEANS,THEY ARE ALLOWED TO TAKE APPROXIMATELY 130 million shares and dump it on the backs unsuspecting shareholders. and come back Repeat the same process over and over again.A DANGERS WARNING SIGN OF A SERIOUS DILUTION.
soon Anshu Bhatnagar have to increase the OS FROM 7.5 BILLION SHARES.
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Also, this is not toxic at all. It doesn't even involve debt or preferred shares, doesn't have interest and is not unlimited at all. Just google "toxic financing" and you will find the following from trustable sources like investopedia and others:
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all of the above definition and description is IRRELEVANT.
toxic or not toxic That doesn't matter. The point here is DILUTION.
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