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Cosmic Chi

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Cosmic Chi

Re: None

Tuesday, 06/21/2016 3:01:34 AM

Tuesday, June 21, 2016 3:01:34 AM

Post# of 30846
GM all, here's food for thought...

A new class of preferred shares for issue to existing shareholders in return for surrendering their common shares.

Based on a predetermined date, anyone holding shares on that date (in the past obviously) is offered an opportunity to swap their ordinary shares for an equivalent issue of a new class of preferred shares which will not be impacted by an R/S if it happens.

Also a way of reducing the O/S through a kind of 'buyback'...

He has always stated that he is keen for loyal shareholders to be rewarded and protected - could this be a way of doing so...

Thoughts???

Per Ardua Ad Astra
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