InvestorsHub Logo
Followers 139
Posts 8138
Boards Moderated 0
Alias Born 05/06/2009

Re: None

Friday, 10/04/2019 4:39:31 PM

Friday, October 04, 2019 4:39:31 PM

Post# of 32524
It’s all restricted:

“We have issued 3,126,832 shares of our Series A Preferred Stock in the Exchange. Each preferred share is convertible into 1,000 common shares. Once converted, all of these common shares will constitute “restricted shares” within the meaning of Rule 144 under the Securities Act of 1933.”

This is why there’s an increase- you cannot issue Series A without having stock in the treasury to cover voting rights.

idleness is the only refugee of weak minds

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent XERI News