Whatever financial deals they cut for stock has been settled up for now.. no need to dilute the stock.. There could be future dilution as in any company "if needed" but right now they are good..
firefight, I don't recall JF saying "all debts have been paid off", however I do recall him saying that they have stopped selling shares and have enough to operate for the next several months. Unfortunately he said that in conjunction with talking about the $16.5 financial package TO BE USED IF NEEDED (and the reason they had to have 2 billion more shares registered) and people mis-interpreted it to mean they have used all of the $16.5. They may have actually only used a small fraction of it resulting in some debentures being issued to GGI. GGI though have told JF they are in for the long term (they are investors like us) so what they have been issued will not likely be sold on the open market at these depressed prices.
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