I don't know. There is no conversion date mentioned. At least with the RGBP convertible notes we have a maturity date. Unless I missed something for all we know these convertible shares could be redeemed for common shares and sold off at any time. It's all very disconcerting because they are borrowing a lot of cash every month at what amounts to well over a 100% interest rate. These convertible shares issued in just the last few months have the potential to triple the outstanding share count.
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