Friday, April 14, 2023 3:40:37 PM
Roughly 420 million shares were dumped into the market from convertibles in the first quarter. I expect that to remain static at around 300 million to 400 million per quarter for the rest of the year. They did manage to kill off a large portion, but also added another $1.5 million the same quarter.
We should easily see an outstanding of at least 4.5 billion come end of year. But you are correct about the restrictions being removed...lol. Looks as though we may see a battle of some sort between Pref B holders and debt converters. Jesus..is this bad or what?
Recent HMBL News
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