I understand that warrant conversion is what it is both, basically a negative immediately, but a big positive for anytime after the present.

If true, this is over-the-top, blatant manipulation.  Many have seen a history of this pattern.  Would the available records of this action be considered evidence for the SEC and would it be easy to ascertain?

Seems like this board, as a whole, would wield some influence if motivated to do so.