JanOne Inc (JAN): Merger : payment in preferred A shares...

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JanOne Inc (JAN)

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Friday, 09/22/2017 9:19:36 AM

Friday, September 22, 2017 9:19:36 AM

Merger : payment in preferred A shares

each series A shares convertible in 100 ordinary shares of ARCI

Talk about dilution....

And look who's got those shares, ARCI CEO is part of it.

That's a total of 288 588 pref A shares, once converted are 28 858 899 shares. Talk about dilution...

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