As it should. Its clear Cryptx is also worried its loan would never get paid back, which is why he is proposing converting the loan to shares.. But its a reasonable deal, valuing the shares well above market value and miles above NAV or expected revenue. Moreover, 100% dividend pay out will make it impossible for cryptx to squander what little could otherwise ever end up the reinvestment fund. This is a good deal, shareholders should take this opportunity with both hands, at least if they are dumb enough to keep their shares in the first place, because fundamentally this changes almost nothing.