RE:Newstotal $17.25m- 5.11(leftover)-8.69m(chairman) =$3.45m/1.11=3.10m shares. $5.11m debenture holders still believe $3.85 conversion price is good in 2023. Chairman will not sell any converted shares, only some of 3.1m shares are on sell side. That is great. it is likely they were already sold.