anyone that says debt just doesn't go away knows nothing about credit debt collectors. People and companies negotiate "debt forgiveness" all the time. The collector realizes "I can have xx% of this going with this plan OR I can collect $0 when xx person / business is out of business." It's a fairly common maneuver. Reading the latest PR's and what the company is saying is the most positive thing I've seen from them since I invested over a year ago. They got themselves in a very bad spot. They have worked through issues finding solutions/plans to move forward. This includes building shareholder trust and a stock that is worth something instead of being worthless. This thing will rise. If they release PR's like they said they were, I believe the share price will be .0015 within 2 weeks.
I did know it was in the pr. I also know that the are converting it to equity which can only mean massive dilution. When they announce the tenms of the conversion, I bet it will be convertable debt which can only mean continued massive dilution. The devil will be in the details.
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