Office Online – Versioning behavior while in co-authoring state

I was contacted by a customer who had explained that they were not seeing new Minor Versions after "X" number of versions.  They told me the version was being stuck at 1.06 and that version kept being overwritten.  I was a little perplexed, so I asked 3 of my co-workers (4 of us total) to join a co-authoring session…

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