yes under the SEC and accounting rules, a registrant is required to keep shares available equal to its share commitment under the warrants and the converts. The number of shares reserved will need to be adjusted each time the OS changes. If you look at their latest disclosures a best guess is that they need to reserve 8bn for the converts and 3bn for the warrants. My guess is the convert number is a little smaller, but we need updated Q's to compute this number.
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