https://www.sec.gov/Archives/edgar/data/0001172178/000149315222010510/sc13d.htm

Total invested amount given the conversion price is nearly $1.2M

"All funds were Personal Funds." - that's a lot of money he has lent to / invested in the company.

Covers range of transactions from "June 25, 2015-January 5, 2022"

My hope is that the conversion of insider debt to shares is ahead of a fund raising transaction... I am also wondering, if that's the case, whether the Triton Funds deal was a backstop to permit better negotiations with other potential partners (?).