Next 2 DDs should be something like this and it FLYSSSSS
1. Update on the latest voyage as per my previous post in next 3 days currently xxxx tonne of HRC loading at Port of Chennai
2. BSTN announces plans to further reduce its share count and restrict some of its current common and restricted shareholders.
On ......., 2017, the Board of Directors resolved to reduce the conversion rate of its entire XX million shares of Preferred Stock. The conversion rate of preferred stock to common was reduced from 50 to 1 to a rate of just 1 to 1; which effectively cancelled the potential issuance of X.XX billion common shares. At the same time, the Board resolved to keep the total authorized common share count reduced to 2.0 billion shares, not conduct any reverse split below .05 per share, and not issue any additional classes of stock for at least three years.
Let's wait and see if the BSTN board wants this to FLY or go down in the Drain.