YES and the people with preffered will swoop in next year and reap the rewards....
I've seen Reverse splits and the companies don't even have projects going on there just splitting with no hope....atleast there is a plan here....If they do what they say their gonna do this is gonna do well for preffered share holders....Everyone else well... no comment lol
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.