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Re: TooFrank post# 79503

Wednesday, 02/19/2020 7:04:49 PM

Wednesday, February 19, 2020 7:04:49 PM

Post# of 114525
OK - I'm not getting personal with you as a person and I didn't say you don't know how to read in general but it is a fact that you are posting dangerously wrong info about the Series B preferreds due to an inability to read financial or legal documents at least in this case- the preferreds ARE convertible at ANY TIME - the opposite of what you stated.

Two different filings are not going to put the opposite information about a financing and whether or not it is convertible. The reference I gave you is the actual document which defines the CONVERTIBLE preferred financing.

The certificate of designation of the Series B preferreds is referenced but not included in the 10-Q you reference (for the period to 12/31/19). It is included as Exhibit 3.1 in the 10-Q I referenced (for the period to 9/30/19) so you can read the whole thing as one must if they are going to make investments based on the Series B preferreds and whether or not they are convertible while SHMP is "healthy".
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