I do agree with this. Thats why I said "appears" despite the facts telling us otherwise.
This then indicates we are seeing share swaps between MMs. The only reason this occurs is for covers when MMs use each other to facilitate a large short position
BOOM - that's a really good point man. If the warrants converted, cash would be coming into the Company, which we know is not the case because we just saw the MONITOR REPORT.
Case closed, that's definitive proof that there are no warrant conversions. No cash shown going into the Company!
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