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1manband

10/24/14 4:32 PM

#84260 RE: Spanky227 #84259

Those shares have already been sold. They don't need to wait. They can sell the shares concurrently with the submission of the conversion request.

But as the selling accelerates, the VWAP, and the market price, will continue to fall. That is how toxic death spirals work.

There is a lot more to convert. It is a race to the bottom.