All this is saying is that the Convertible Debentures that were issued on 1/20/2020 and 10/20 are to be converted into 15 mill. common stock shares in 1/22 by the holder.
These Debentures were issued in 1/20 and 10/20 and DTII already received the monies for them.DTII is not selling any securities and will not receive any proceeds from the sale of shares of common stock by the Selling Stockholder.
The 15 mill shares to be issued in 1/22 on conversion already are already counted for in diluted earnings, but not O/S.
Shouldn't be a problem, since they are already accounted for as to earnings dilution.
There is good news though:
There is a liability on the books for the Conv. debs. in the amount of 770M, whereas a lot will disappear when they are converted.[/b]
News 
Market Data 
Discover 
