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10/03/15 10:28 AM

#28015 RE: zeynoc #28013

Under the agreements they cannot hold more then 5% of the company at any one time and they can only do so many conversions in a time period so there are physical limitations on volume/time that prevent them holding/dumping 60m shares on the market in one go. Once the re-fi cash then pays off their debt their conversion rights are history.