We knew in June about these shares... That is some of the reason for the stock's adjustment to these levels... If this conversion was done for purpose of acquisition of something like Ganja Gold or other partner that has ability to distribute the MYDX products eliminating the middle man MYDX is on track for huge profits. I too expect some kind of news though as this is a rather large shift and it had better have some kind of end game for the benefit of common shareholders. Otherwise it would be against fiduciary duty, so I would bet there is something big coming, MYDX is in a spotlight as it is and wouldn't risk a shady maneuver for insider benefit only. We also could see CEO convert Series A soon ... not that is a big dilutive conversion but it is a huge change in the voting power of the commons if that takes place. When the voting power of commons goes up the value tends to go up as well.