Knowing Roy he will try to pay it in pieces. He will likely negotiate a hundred thousand of it at a time. But that depends on the note holder as they can demand it all at once. He got a temporary raise in the PPS over the past 10 days keeping it out of the .0001s thus raising the conversion price a bit to slow the dilution, but as we can all see it has failed to drive it up.
It has a 25% discount rate and is one of the oldest notes on the books. The lowest rate of the remaining debt, the rest is 30% and greater in discounts.
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