actually, the $0.24 is the discount to the lowest 5 vwaps since the Toxic Convertible Preferred Stock was issued
So if the lowest 5 wvaps are, say $0.40, at the time of the conversion, the conversion price would be $0.16/share
Those .24 shares will be the floor for the shorting that starts after Govils buddies buy it up a bit......once the volume dries back up, the shorting will consume all the small buying and the price will drop every time they do......until they cover at .24......LoL
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