Let me explain this to you Chachi in terms you will understand. When was the last time you went to buy your bag of weed and you told your dumb+ 1 dealer, 'I might gladly pay you Tuesday for my bag of weed today.' Even he wasn't dumb enough to buy that BS. And he sent you down the road --'Go do another one of your clown gigs; and when you have enough come back and pay me the cash.'
This is a bad deal. If they were serious they would pay all of it today, in cash or even stock. The compnay is not worth $450MM, let alone $562.5MM. The front end of the Bridge Loan Facility is RAPE by another name. Of course you wouldn't know that because you haven't read yesterday's 8K.
And so this deal will never see the light of day. But the stock is in play. Lesson over. Now go get another clown gig so you can afford to buy your 100 shares Chump.