Makes sense. Maybe rusty was waiting for those to convert first before putting out news.so they wouldn't convert later when the stock was up and collapse it. I wonder when the maturity date was or if they had a time limit on when they had to sell all the shares.
This makes some of the weird training we've seen the last couple years make a lot more sense. I couldn't figure out how it would sell below the bid sometimes. It also gives an explanation for why people would block the stock from going up, and why there would always be small sells into the bids. Glad to hear the last of it is gone.