What it says, among other things, is that the "bonds" are fake.
Which completes the circle: CDFT issues Riad free stock, in exchange for fake bonds as collateral. Where free stock to an insider equals "dilution". And this comes before the Deroos soon to be October-fest stock sales, along with other affiliates.
Yet to come is how CDFT goes about trying to book the fake bonds for $700M.