What you don’t understand is they’ve been issuing them nonstop for the last two years. They are constantly coming due every few months. Between now and 2020 there are huge conversions already scheduled every two months!!!
Not mention the equity house restricted shares ALSO coming due! And they acquired them (cheaply I might add, much cheaper than you or I) to CONVERT and SELL.
Zero sales.
Except them shares that can so easily be reverse split into oblivion. (See the last 10 months)