No, only 25% of any given day's volume can be from the converted shares being sold into the market, according to the 8k. In other words, they have 55 mil to get out there, Monday have a volume of ~40 mil. Only 10 mil of that day's volume could have come from the conversion. Read that 8k closely. It lays a lot out on the table. If you understand it you can make a lot of money here.
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