Because it's wrong. OS is still small though, but just not 11 mill.
On June 21, 2011, La Jolla Pharmaceutical Company (the “Company”) reported that since June 17, 2011 it had converted approximately 24 shares of Series C-1 1 Convertible Preferred Stock into a combined total of 4,022,333 shares of common stock. Following these conversions, the Company had a total of 28,963,321shares of common stock issued and outstanding as of June 21, 2011.