The a/s is being reduced to 1 billion. It would be reduced further but with the current cpn notes evio has to keep a reserve available for those conversions.
All the above was explained in the recent conference call.
I will sit and watch. Thanks to the volumes last Sept on SGBY/Evio, I was able to make half my income for 2017 with the stock. Eventually it will come up like a rocket. In the meantime, I will continue holding and quietly watching as I always have.
The rush to blame the "market makers" and the "shorts" for a lagging stock price is the refuge of scoundrels getting paid to astroturf a crap deal and the uninformed flailing for any reason to not blame management-