MM are handling the converted shares
Mommoth is the Note holder that converted their debt into 175M shares. They arrange for mm to handle the liquidation of those shares to cash.
MM are offering/selling Shorted shares at ASK and by end of day they will cover those positions with the Mommoth Shares that they are processing for Mommoth.
No one is dumping shares, Brad at Mommoth needs the cash, even though he is getting back less that 20 cents on the dollar that he provided to Pervasip. My estimation he may realize about $70k for the 175m shares.
That is about what 400 shares of Tesla would cost you, LOL
We as share holders get our debt reduced and have an opportunity to buy up these super, super cheap shares.
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