Thursday, October 15, 2020 2:03:45 PM
Turns out they only sold "173,750 as of date: June 30, 2019."
So those preferred shares alone represent 17,375,000 common shares of potential dilution. If they have sold all 1M preferred B shares, that would represent 100,000,000 common shares of dilution. Not saying any Preferred shareholders will immediately convert when able. Just something else to consider as we move down the calendar to the end of the 2 year restriction period.
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