I think you're possibly getting taken for a ride here. You can take either A> Convertible Debt or B> Non-convertible debt. Convertible Debt would be you agree

I think you're possibly getting taken for a ride here. You can take either A> Convertible Debt or B> Non-convertible debt. Convertible Debt would be you agree to some smaller payment, with an option to convert the debt payments into a certain amount of revenue share if it does in fact work out very well. Non-convertible debt would just be payments over time. But in neither case should you take this currently offered deal.