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Friday, August 05, 2016 8:27:58 AM
...to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders.
mouthful of what i don't know
These securities will then become available to the common shareholders.
so, they're supposed to "protect" stakeholders, by selling them more worthless stock?
Nobody wants to touch the common shares, i doubt the preferred will have any takers, if he ever goes through with it
The next part of the plan is to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.
so common shareholders will buy junk preferred to "protect themselves" and allow berge to buy other businesses roflmao fantasy island at it's best!
beware of the pump it will leave you in the dump
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