#1 TEVED is NOT down.
#2 The stock closed at 2nd highest in years.
#3 I have made thousands of dollars on my shares so far. I bought many of them at between 9 and 12 cents and the stock closed Wednesday at .4999 so that is quite a gain. So yes, I buy stocks to make money.
#4 Debt has been converted to stock just this once per what I know, not "each time..." as you put it. And get it - he asked for STOCK, not money. If he needed/wanted money why take stock? Why not liquidate the company and it's assets to get money or take it private or sell the company to one of his millionaire/billionaire friends. HE WANTED STOCK AND OWNS 91.9% OF THE COMPANY NOW. GET IT.
#5 Most of us own plenty of shares and we are not worried. I appreciate all your concern for my well being but I am not worried so it's all good, really.
#6 Why defend NITE? Do we really care about market makers or the companies we are invested in?