HENDERSON, NV--(Marketwired - Feb 8, 2016) - Rx Safes, Inc. (OTCQB: RXSF), a healthcare technology company and developer of autonomous fingerprint healthcare security products, today announced that the holders of its Series B Convertible Preferred shares have converted preferred shares into a total of 10,000,000 common shares. In connection with this conversion, all holders have executed 12 month lock-up agreements. Following the conversion, the total shares outstanding is now 11,510,252.
Not to even bring up it was at 11.5 million OS then and now 60% higher on that OS count but those 10 million are about to come off lock-up in about 15 trading sessions.
And those 10 million were added for what?