Obviously, you have not been paying attention. This money was needed for Uplisting, which was the original reasoning given for increasing the A.S. That's why it says in the p.r. that they won't need to tap that at this time. We already knew they needed funds to do this, they just figured a different way to skin a cat.
Well looking at the bright side [and a decent PR if I say so myself], the big investor would be an idiot to convert at that rate, so at least there's a floor. Definitely not bad news I would think.
Not true. The effective use of OPM is critical to a good business plan. It also provides third party validation of that plan. This is really good news!