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huxley

11/02/16 4:29 PM

#5096 RE: John Kent #5094

Fwiw, You are making a calculation mistake to figure it out.
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huxley

11/02/16 4:32 PM

#5100 RE: John Kent #5094

The dollar value of t-trades doesn't matter because they are converting to shares @ 0018. The important figure is the amount of shares they are converting which is roughly 65million shares. We had to go through those shares in the last 10 days.
On average of 5m a day, they have 10-15m shares left
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ANIA77

11/02/16 4:53 PM

#5107 RE: John Kent #5094

You would have to watch tape for whole day and look for cross trades as well, not only t trades.. I think we can assume they are selling pretty much 5% of OS daily.. so average of 6M +/- since 8k.. though volume has been absolutely crazy.. and yes, i agree.. no way to predict exact time of the end of the dilution. .. company seems to be transparent so I wouldn't be surprised if we see 8k soon stating that all notes are converted which obviously would bring massive buying pressure. .
ABCE
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ANIA77

11/02/16 5:07 PM

#5110 RE: John Kent #5094

You would have to watch tape for whole day and look for cross trades as well, not only t trades.. I think we can assume they are selling pretty much 5% of OS daily.. so average of 6M +/- since 8k.. though volume has been absolutely crazy.. and yes, i agree.. no way to predict exact time of the end of the dilution. .. company seems to be transparent so I wouldn't be surprised if we see 8k soon stating that all notes are converted which obviously would bring massive buying pressure. .
ABCE