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Re: Throwingawaymoney post# 1356

Wednesday, 07/25/2018 2:57:28 PM

Wednesday, July 25, 2018 2:57:28 PM

Post# of 29186
“That would take a massive string of events and every single preferred d shareholder to convert at certain times”

Actually not. Only SIX separate conversions of 10,000 prefs each time will lead to an OS over 5 BILLION with 25,235 prefs remaining with a conversion factor of 1.1 MILLION common shares per Pref for the remaining unconverted ones.

I think many don’t realize just how ugly those conversion terms are.
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