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Re: ice trader post# 95244

Thursday, 09/05/2019 10:07:41 PM

Thursday, September 05, 2019 10:07:41 PM

Post# of 120577
Ok, time for some education on how this works... Capital is raised when the Preferred Shares were originally issued. The conversion of Preferred Shares to Common Stock is at the discretion of the shareholder after the restriction date. Nothing to do with Robert Clark diluting the stock. There are no new Preferred Shares being issued, if anything he has retired his own Preferred and Common to undilute the stock!

Anyone know anything about Quantum Capital? What is driving their need to convert now? Either they need to sell KGKG common stock to raise cash to cover their other losing investments, OR they are bullish on the common stock and want to convert now to ride the price accumulation!

Get ready to ride the Kona Gold Train!
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