RE:Debenture conversion well under way...The DB/Warrants getting converted provides access to selling shares at a very good profit for those large investors that took some.
15M shares on dec 27 at a cost of 1.60....
31M shares Jan 15 at a cost of 2.20.....
6M shares from warrants Feb 1 at a cost of 2.00
Having said that, the ones being owners are also (at least some) the same that bought at 4$ the other 32M shares. My opinion the MM is being put in place to ensure the selling from commercial to retail is done orderly and without letting share price fall. But probably it will move up at a normal paste unless surprizing NR happens.