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Post# of 701051
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Doktornolittle

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Doktornolittle

Re: Doktornolittle post# 197856

Saturday, 11/17/2018 12:05:26 PM

Saturday, November 17, 2018 12:05:26 PM

Post# of 701051
I hate being so wrong, but I was feeling guilty not saying anything. Of course I am net glad that I was wrong. The 100M preferred (approx 1B common equivalent as far as I know) was just shares authorized. As for what is outstanding for preferred, I don't understand the doc, but it is certainly a tiny fraction of the 100M. Not that such could not change overnight, as far as I know and based on a bad experience at an employer 30 years ago.

I still don't understand why the forced conversion of all outstanding preferred to common does not show in the 10Q, but it is not a huge issue.

Again, my apologies. I had been worried about it for months now and hadn't said anything. Thanks for ignoring me. Less bad karma that way.
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