I initially though that note was converted at 0.0326c but I was wrong. They were converted at 2c or seems that way... As per agreed terms...
They have sold it for 2million and still hold 44m.... This was discussed initially when the share price at 1c....
By saying this, many holders do sell their shares and soon after the sp start getting appreciated as pressure eased off. I am still a believer however, have to read the news first. It seems like it is going to be positive as per company correspondence.
We will know tomorrow!
Cheers
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65M shares sold by Glemoagle, page-63
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