Well the theory of the previous CEO selling off his preferred shares does make some sense, have been thinking this myself ever since Steve mentioned. I'm sure they came to some agreement that allowed him to sell a percentage of what he still owed if he agreed to forfit the rest. I can't see Steve allowing him to covert all those shares and sell them off. I guess we'll have to wait till Q2 to see the story. Could explain the AVG blocks we've been seeing go through every once in awhile. Like yesterday around 2.5 million was sold off at 0.00137 which was under the bid of .0014 at that time. There were no Dilutive MMs on the ask when that block was sold off so they are going through a retail broker.
If this is the final step for HEXA just wished they would get it over with already.