I didn't form my thoughts from your notes. Go ahead and leave them. If anyone has questions you'll be around to answer, just like you clarified my question. He only converted a portion of a couple of debt instruments. Those are his tickets to the ATM, so there's no way he'll ever cash them in entirely. He'll only do a portion at a time, like the accrued interest, so he'll always be able to control the company through debt.
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