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Re: None

Wednesday, 08/26/2020 9:12:42 AM

Wednesday, August 26, 2020 9:12:42 AM

Post# of 23258
Going to need 4 billion commons at this conversion rate.


Upon closing, in exchange for the Target Common Stock, the holders of the Class A Stock shall receive
630,000 shares of the Parent’s preferred stock to be designated Series A Convertible Preferred Stock (“Series A Preferred”) and holders of the Class B Stock shall
receive 70,000 shares of the Parent’s preferred stock to be designated Series B Convertible Preferred Stock (“Series B Preferred”). Each share of the Series A
Preferred; shall (a) convert into 5,097.053 shares of common stock of the Parent, (b) possess full voting rights, on an as-converted basis, as the common stock of
the Parent, and (c) have no dividend rate. Each share of the Series B Preferred; shall (a) convert into 5,734.185 shares of common stock of the Parent
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  • 5Y
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