If you have 1 million shares of PAIM, you get 1 billion preferred? Then he saying the ratio will be 1:500 which would give you 2 million shares of common under the new ticker symbol.. So basically for every 1 million shares of PAIM you have, you will end up with 2 million addition share of common the new ticker symbol the preferred will trade under. Thats great, but I would like a time frame when we can trade them..
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