I guess I need to start screenshotting the O/S updates on OTC Markets, but I'm pretty sure this is incorrect. I recall someone posting an O/S update a few days after the May 14 spike and subsequent drop, and the O/S had remained unchanged. Which would mean the 7 million shares in dilution came after that time and before the June 1 O/S update.
Just be thankful CV has been kind and not demanded all their shares so quickly. They're taking their time, which is giving RXMD time to get their stuff together and hopefully refinance these convertible deals to traditional financing later in the year.