Let's assume for one quick moment that everything you said in that statement is true. YAGI has a limited amount of convertible bonds, so the company has a limited risk of dilution.
The risk to the Greenshift Corporation caused by YAGI is even further limited by a conversion of 5% at a time. You didn't specify what this 5% related to, by the way. Is it 5% of YAGI's total number of convertible bonds? Remember, they have a limited supply of them, so there's a limited risk of dilution if and when YAGI decides to convert them, all of which means that if the price goes higher and higher, Kevin has a smaller and smaller excuse for not being current with the SEC filings.