well, they churned through faster than i expected, but not sure how the lowest conversion pps is .007. math doesn't lie. the lowest trading pps in the last 15 days is .012, so a 60% dicount on that pps is .0048 not .007. look at the historical price data. so, i don't know how they are converting at .007. and the terms do say the lowest "trading" pps and not the lowest "closing" pps. maybe they used the wrong term in their agreement and meant the lowest daily market closing price in the preceding 15 days and not trading price. the latter would include intraday lows.