So the (inept but guarded) CEO spends $1,000 of his "own" money to purchase a Series of Preferred shares that essentially gives him voting power (and control) of up to over THREE BILLION SHARES from an authorized amount of "only" (sic) FIVE BILLION shares?? And why would ANYONE do that unless they felt the actual share count would get to that level? Oh, by the way- don't hang your hat on seeing 560M vs 638M back in August. Watch the actual total issued and outstanding reach close to a BILLION Shares once the next 10Q comes out! What a shame... - SMH
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.