They just converted $465,000 in notes to free paper. There is about $10 million more. Who knows how much they sold since the conversion about two weeks ago. With $10 million still to go, especially with more than half of it at a 55% discount, there is about $15 million in stock to print and dump.
How long do you think it takes to sell that much paper? That will be when the pressure subsides.
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