They then filed a REG A+ with the SEC to do a $15M capital raise selling shares direct to the public at $2-$3 a share minimum. We have at least 3 months before the SEC approves the offering. In the which time share price can soar with a low ~1M share float and absolutely ZERO chance of dilution or note conversions.
The offering allows them to raise the offering price at their discretion as well, so if the SP climbs much higher so will the offering price.