Tivus, Inc. (TIVU)

[NicPlatoNic]

Ah, okay. So until the convertibles are done, a dipping PPS is dangerous precisely because it invites more converting. Is that it?

And yet we want the convertibles to convert precisely so that's not an issue any more. I.e. Because if they don't, then each run will get diluted and die out when the convertibles react to the prospect of not seeing a low price anymore. So we're basically wanting them to "just get it over with" now, right?

At these prices, why hasn't EVERYONE converted yet? If I'm at all on the right track, then that's what I can't understand.

So Aitrius quoting that figure meant that he took the fact that the number of shares hadn't changed to be evidence that no conversions have happened in a week. And he takes THAT as evidence that they're (hopefully) subsiding. right?