Just cheaper right now. If stock goes up dramatically then bigger capital gains at conversion and cost is still just $11.50 per to convert. Just a way to push out conversion cost and capital gains into the future at this point since conversion is permitted now.

Purchase and DRS of the shares may have bigger nearterm positive effect on potential short squeeze.

Just cheaper right now. If stock goes up dramatically then bigger capital gains at conversion and cost is still just $11.50 per to convert. Just a way to push out conversion cost and capital gains into the future at this point since conversion is permitted now.