$PNOW It's no secret that dilution has been a concern for an extended period of time. So, the removal of legacy debt has been a long standing endeavor for Pereira. An estimated 90% of the market’s dilution was directly related to this particular debtholder's convertible note. Fortunately, now that the entire debt has been 'locked-up' in a manner that prohibits the sale of the debt to third party investors, management has time to complete the retirement and extinguishment of this entire debt. Another option of consolidating this debt, along with the few smaller debts, is also available. Either way, the market will no longer be subjected to any further dilution stemming from the sale of this particular debt.