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Re: xlogit3k post# 176931

Saturday, 03/03/2018 11:05:12 AM

Saturday, March 03, 2018 11:05:12 AM

Post# of 207134
This is the only DD that matters:

- Common equity is the only class that is affected by the upcoming split.

- Voting preferreds are convertible into 1.25 billion common shares after the R/S.

- There are an unknown number of 10/15¢ warrants outstanding which made absolutely no financial sense pre-split, but will be a major cashout for their holders after the split. Logic infers that any "employees" (ahem) who purchased a warrant had prior knowledge an R/S was on the way.

- The Authorized Shares remain at 2 billion.