If shares were issued at the time money changed hands, it would be called a secondary offering, not a convertible debenture. Then what you said would be accurate.
However, with a convertible debenture at the time of signing, the number of shares would not be known as they are tied to an average closing Bid price at the time of conversion.
U just seem to be reaching for OLD stories from past posts & posters!! The "gagged TA" issue was explored months ago & proven to be a non-issue - MANY posters including MYSELF called up the TA's of other penny stocks we owned & virtually everyone gave the same canned response .... "It is our policy to only disclose these figures to authorized officers of the company." This was a policy change effected some 15-20 yrs ago by the TA industry. zeke