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Re: wallstreet1231 post# 33860

Wednesday, 09/16/2015 2:19:20 PM

Wednesday, September 16, 2015 2:19:20 PM

Post# of 53319
1 preferred share converted is 100000 shares common. If a R/S were set such that a final pps were $1 dollar, my thought is that all shareholders who own series H shares and sold at $1 would be ahead. Without a single additional share being converted. Yes we will have to wait and see. As of now doing a R/S with no revenues to support would only cause the share price to plummet faster than anyone could convert. Even if it was only one share.