EVIO Inc (EVIO)

[R39838]

At the current share price. These investors are in the money by
11.5 million shares * $1.59/share = $18.28 million
Minus their initial investment of approx $6m .
They are currently in the money by $12.28M.
I just read the press release again and there are no time restriction on the conversions of the notes.
If i were them. I would sell the shares immediacy and book the profits.

There is no way that anybody will be able to stop the selling. I believe that the shares will see a-lot of pressure until the next earnings statement. I would be surprised if the shares dip briefly below $1.00. It just makes sense.