All at one time? No. They are restricted to no more than 9.99% beneficial ownership, therefore, they are allotted UP TO 9.99% at the point of any issuance and they have to reduce that amount before receiving more. And as I clearly stated, BLSP would have to increase the authorized AGAIN.
If you are not familiar with how these conversion processes work then now is a good time to do your due diligence and watch it in action here at BLSP. The more you know, the less likely these massive diluters are to catch you unwary of what they are doing.
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