It will be alot more than 200 million if they start dumping as they will convert lower and lower.
Its much much better to try and control the O/S to a semi reasonable level. If the company's news is half as good as you and others claim then this will be at .003 in weeks without the CD downward pressure. The company could then sell 20 - 30 million shares and make their money back.
End result the company has the same amount of money but the O/S is hundreds of millions of shares less. If you are a long term or short term investor that is what you should want.
Now obviously if you are one of those here that have sold and wanted to rebuy at .0002 then the company supporting the pps is not what you would want.
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