There is over $11 million in HBD. I suspect that we will see a large amount of this HBD converted into HIVE. Converting 1 million HIVE at $0.25 would create 4 million HIVE. That is a lot of HIVE for the market to absorb.
Since HBD puts a downward pressure on the price of HIVE, I suspect that we will see HIVE around $0.25 in the near future.
!WINE