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nsomniyak

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Re: jerrybrockman post# 39677

Tuesday, 09/01/2020 11:53:24 PM

Tuesday, September 01, 2020 11:53:24 PM

Post# of 63074
I think they are creating a higher value stock. I think the offer to allow common holders to get preferred at 250:1 is a really nice gesture that says "Ok, you little guys can be part of this as we move up-market if you want to. We appreciate your support in the early days!".

I don't believe they think many common shareholders will take them up on it. Penny stock traders and convertible pfd holders fit two really distinct and separate profiles.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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