first off, there are no "new rounds of toxic funding". this is pure bunk.
again and again, it's proven that convertible debt has maturity dates.
you can look this up in filings. it's the law.
a company cannot "sell shares". period.
second, the resignations of board members, and former CEO mason, appears to have paved the way for us to get that financing.
i believe volk did a deal with ventana group behind their backs, so anyone getting their "DD" from the bitter, booted out know-nothing former insiders is getting crappy info.
ROTFLMAO.