T/A has been behind since Mike left as CEO over 2yrs ago. Note holders can not convert till they catch that up. They owe a lot by now being the fees are like $400 a month and it's been over 2yrs since anyone paid them. I doubt that the note holders have been holding there converted shares for years now and are just dumping them. They had better opportunities to dump them over the past 2yrs..
I have not called the T/A is a few weeks so things could have changed by now.. I guess I will have to call them again and see.