"Management" seems to have no issue reporting the conversion of debt to shares in favor of Clive and his company. Perhaps "management" is the recipient of some portion of the profits of sales of shares converted and 0.0004 and sold for 0.11..... the figure $82 million comes to mind... The same "management" that negotiated the lower conversion rate of 0.0004 when the original rate was 0.05 and has been all over the map.
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