Why buy preferred shares?
$1,000,000 / $.003m = 333,333,333 shares of common stock. Shit at least split it and soak up 167 million.
I still wonder where all the shares from the last few months went. Eating up every share that was converted, all losing money the whole time. But just kept on buying. Can't be the general public. No one here bought 100 million shares over the last few months. Only someone with some extreme faith would do that. Or someone with a lust for burning money.
If you know something we don't, the clock is ticking. You have a month to recover the share price. I wish you the best.