News Focus
News Focus
Followers 362
Posts 14170
Boards Moderated 2
Alias Born 12/20/2009

Re: Aquahoya post# 1287

Tuesday, 02/26/2019 10:12:36 AM

Tuesday, February 26, 2019 10:12:36 AM

Post# of 3788
You just don't know. Depends if they want to wipe out all old shareholders. The risk here is the designation of preferred stocks that are convertible into commons. If they do want to wipe out old shareholders this will happen: a massive split and after that they convert the preferred shares. I've seen that a lot. Not saying they'll do it, but you have to be aware of the risk. I guess they will release an 8k where all will be clarified.