They have nowhere near that much convertible and they're doing something other stinky pinks don't and that's fighting back. How simple would it be to RS, bilk everyone and move along, pay off KBM, let them convert and call it a day. I don't call folks taking 2000% profit a death spiral. There are usually elements beyond simply taking massive profit that provoke a death spiral, such as dilution through conversions, RS or insider trading. They've blocked KBM from converting by holding off filings until their counter claims are heard in court.

Even a liehole basher in Durand admitted a few weeks back that there was no dilution and they seem to think they know everything. Keep following HJOE as when things are on, you may be looking to get in at a much higher price.