LMAO. That is like saying arsenic is poison but Warfarin is just a rat killer.
Nobody forces a toxic lender to convert and dump....they can choose to do so in an amount that would have a severe adverse effect on the shareprice. It is the ABILITY to take the shareholders to their knees that makes them toxic.
So my question stands; If Management converted and dumped all their shares, would it hurt the shareprice?