InvestorsHub Logo
Followers 75
Posts 794
Boards Moderated 0
Alias Born 05/14/2017

Re: Winston post# 40024

Wednesday, 09/02/2020 1:32:37 PM

Wednesday, September 02, 2020 1:32:37 PM

Post# of 63074
As BBW said, the 1 preferred share for each 5000 common shares represents a 5% dividend. The preferred Share gift equates to 5% of the common shares.

What is 5% of 5000 shares? = 250 which happens to be the Conversion Rate of the Common to Preferred Shares.


My posts may contain forward-looking statements which may be beyond the comprehension of any backwards-looking individuals. I speculate, this is the OTC after all. In my opinion, all my posts are IMO.