Says that some were for compensation and others from previous obligations... Also says they will be converting until later this year. So in that case these people would not take their money and be part of the mango's deal. Hmmm....sounds creative, I'd like to believe that it isn't straight dilution but I dunno.
I think just clearing of their debts to start fresh. It does say that it was BTHR's choice to recognize the notes! Now that sounds like a company that wants to turn itself around. Let's go BTHR!!!