The 800k-1M shares per month for the note being so

The 800k-1M shares per month for the note being sold had been working, but the biggest this last week is two sellers, paulson and the note. Looks like 2M shares have been sold over the last week, much more than the past, which is putting great pressure on the share price. I assume the big paulson selling is probably old shares from Paulson investors that just got new shares (they had not been selling below 50c much until this week).

I trade a lot of convertible notes as almost every otc stock has them. Normally they don't have this nice monthly restriction, they can convert whenever, which is how much stocks end up below 1c. It is always good to know the price they got the shares, because they will not sell below that price. And also good to know how many shares they have left to sell. The more knowledge here, the better you can purchase shares at the lowest price. Grabbing as close as possible to their cost before they run out of shares. I have not looked at it in depth lately, but I'm guessing your 45c could be correct depending on when they converted these shares they are selling. I copied the old conversion dates from the 10Q.

I think the sp could handle both convertible notes without paulson selling, 2M per month or 100k per day selling, but definitely not both. They need to either close the pca deal or get the cancer trial going asap.