Take 9 million off market cap for new trading range
This debt financing looks pretty smart given the circumstances. I would look for it to trade 30% lower before a speculative play. They have really put their backs up against a 9 month wall. There may still be dilutive effects if notes are paid in shares as the terms permit. So again, a smart deal that avoids immediate dilutive effects so long as they immediately begin generating sufficient cash to meet these obligations.
Certainly nothing to complain about as a shareholder since the other option was bankruptcy.
No and no, the time for John's article was before AXPW issued more stock, not after they borrowed money albeit backed wtih warrants..i guesss you do not agree with John's way of viewing dilution because you do not understand.