Expect to see one more round of conversions sometime after Oct 28th (506 Offerings have a one year maturity date).

I expect if these shares do noticeably enter the market, it will likely be on low volume before the CE Mark announcement.

Financials provide all the information.  This will be the last round of conversions until Feb 2014. 

Preferred Offerings have now been used since the start of 2013.

GLTA