Here in this below is also part of Questioning ,
Ok as you read , its Clearly stated here in 1st Pharagraph
"outstanding share of common stock"
Ok so I know they mean OS Commons...
Now in later writing , after their
Stating the result of preferred shares they DONT say ( out standing) but just state ( to common shares)
Common Shares OF WHAT??
AS or OS like they describe Everywere else ..
"each one share of the Preferred Series D and F stock will convert into twenty shares of _common stock. "__
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"Upon consummation of the Reverse Split, every twenty shares of the Company's issued and outstanding common stock will be automatically converted into one issued and outstanding share of common stock, with no change in par value per share. As part of the reverse merger agreement dated June 19, 2013, upon effectuation of a reverse split, each one share of the Preferred Series D and F stock will convert into twenty shares of common stock. The Preferred Series A and A1 do not convert and will remain with it's preferred preferences unchanged. No fractional shares will be issued following the Reverse Split."
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We need them to Clarify
In FULL Detail Whats Gonna Be What after RS and Conversion of Prefear'ds lol
