So 80 mill on issue expire dec 19. 2c exercise /conversion and 2.9 market price a 50% gain plus getting interest on the way. We are only talking $8000 odd profit and gross $28000 if sold.
Testing the waters to convert more? Why convert now unless needs cash? Can read it a couple of ways Company needed cash to make accounts look Ok? Note owner helping out with 20 grand? Owner needed to cash some out or start to limit exposure? Did it as just about to negotiate and extend notes date?
