Troy,
"So who are the majority? 2.25 billion shares were flooded onto the market last year and a large number of them have not been sold, so who has them? Offor is down to 13%, PN and SO own just under 5%, so who are these shareholders that RECIEVED these billions of shares upon conversion? Why no mandated disclosure of more than 5% ownership?"
SOMEBODY has to own those shares, right? They were sold by which % by the noteholders approximately, again?