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Tuesday, November 24, 2015 5:08:23 PM
As I wrote on Oct 6, the first tranche of the convertible notes would become eligible for conversion on November 19.
On that date, CANV closed at $0.8088. In the three trading days since then, the stock price has fallen nearly 26% on increasing volume, with today's 169K shares being easily the largest volume since July 29, 2015.
I think we're seeing the conversion of the first tranche.
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Detective Robert Thorn: Telling uncomfortable truths since 2022
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