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Re: Mattwould post# 40700

Sunday, 09/06/2020 8:36:33 AM

Sunday, September 06, 2020 8:36:33 AM

Post# of 63075
Mattwould, you don’t seem to understand the preferred stock mechanics. Preferred stocks value remains same and locked (unless it is converted to common with a good ratio) and that’s why during merger time some parties choose to take preferred shares to avoid downside risk.

As for the RS, I did not suggest it will happen, I was speculating if they would take a chance to reduce the o/s share count as it would reach to 2.5 billions after AS authorization plus there was a hint of uplisting on senior exchanges. So don’t describe words in a different way conveniently. If you think in a different way, that’s fine, just put through your opinions and everyone will appreciate.

We are all in it to win. Good luck!