The latest news is very good and I see no problem with the transfer of debt to cash. The shares are unregistered therefore cannot be traded without special requirements being met. These shares do not constitute dilution by any stretch, though the share price will fluctuate with the float. Whoever bought the shares must have a high degree of confidence in MDFIs prospects and is likely anticipating an appreciation in the value of the stock. I believe the shares represent an open ended promissory note without interest or a fixed duration.
Ghritz...I have followed your posts and have learned alot. I am trying to learn more about Medefiles use in the EMR's marketplace. You had made a comment awhile back about if GE was the car Medefile is the tire..I think this is pretty close to what you said. could you explain? on the chance this was not your comment sorry thx