It's been 5 months since the company said they weren't converted. A lot can happen in 5 months.
Note also the note was due in Jan of 2013 and since HALB had $450 in cash 5 months ago, it's likely either in default or converted, neither of which bodes well.
But the 200 million shares sold to an insider at $.001 really kills off any hope for retail shareholders, IMHO. When those shares become unrestricted, look out below. And look out for the inevitable reverse split.
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