What heavy debt load? AFAIK Inca is debt free as all convertible notes and warrants have now expired.
Yes there's more shares now, but let's do a little math -
52,000,000 x $1.50 = $78,000,000
750,000,000 x .0066 = $4,950,000
I'd say we're a bit undervalued, even more so when the PRs start flowing.