3Q2014 was 5 months ago, so the chances of shares being held for that length of time for a holder with a convert and sell model are tiny.
When I trade Pinks, I follow price and volume spikes on the daily chart to see when exit points occur for large holders (usually debt holders). And, bear in mind there's no cash realized until the position is closed, and that's what a debt holder wants (cashed out position).
If you follow the chart, there was such a price and volume spike at $0.02 around December 10, 2014 which is when a large position was traded out. If you're looking for anything more accurate than that contact the holder.
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