The options keep resetting lower as the stock price falls. VWAP adjustment. So for now, the money guys are all in for 3 cents the price of their last conversion. Next time they convert it will be for 80% of market price so they'll have cheaper shares to sell. They will slowly work through the 57 million warrants cheaper and cheaper as the price continues to fall. So we'll see plateuas where price holds up for a while until next round of warrants come out below market price.
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