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Sunday, July 15, 2018 4:16:38 PM
ARTICLE IV of the recently filed JDF PROPERTIES INC says--
"The corporation shall have this authority to issue ONE BILLION shres of common stock at .0001 par value --and-- and 10 MILLION shares of preferred stock at .001 par value."
Conversion ratio: Each share of Preferred Series A stock may be converted at any time into Common Stock at a rate equal to 0.01% of all common stock currently outstanding.
IMO new management will issue these new shares to themselves once they've destroyed and rid themselves of all current bagholders.
My "opinion" is as valid as your "hearsay"
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