Baltia Air Lines Inc. (fka BLTA)

[mysterymeat]

All of the preferred C shares are convertible into common shares; pretty scary number when you do the math as outlined in the agreement.
"The Series C Preferred Stock is subject to optional conversion on or after the first anniversary of the date of first issuance, into shares of Common Stock at a conversion price equal to 50% of the average closing bid price of the Company’s Common Stock from February 14, 2018 to February 28, 2018, divided by the Stated Value plus accrued but unpaid dividends."