Thursday, April 02, 2020 11:00:57 AM
Management recently offered Common holders the possibility of exchanging 1000 shares for 1 share of AIKI Preferred if one was a shareholder of record on March 30 and still holds that exact share.
Simultaneously, a freebee of one share of HOTH for every 70 AIKI common was dangled. That particular offer has since been extended. However, for many like myself the HOTH freebee was but a shiny object distraction.
The big question; Is the AIKI Preferred Stock Raincheck still in effect? Was that a valid offer to begin with? if I wish to redeem my Common for Preferred how precisely does that process work? Is Management being deliberately evasive? If clarification is not explicitly stated in writing, AIKI share price will continue to suffer. AIKI, please provide a folowup Letter to Stockholders.
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