Wednesday, December 23, 2020 9:42:15 AM
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My belief is that it is truly an easy calculation , to your point $xxx,xxx.00 Dollars invested , so the conversion you stated of so many dollars equals one share of the Preferred Shares.
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Charles took that , said it can only be this many shares and has set off to the side either A or B preferred shares (probably the newly issued B Shares) and then created the new pool ( D Shares) for any that take the options you mentioned.
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This is done all the TIME and I am involved in another symbol that did that or something similar on some Commercial Real Estate ventures.
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In any case it was an obvious part of the PLAN , put in place some time ago to settle obligations to the original BioClonetics Shareholders.
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Along with that to your statement , of in ONE YEAR, they could be converted.. One Year from now is a Whole Different BallGame for ENZC or what ever it evolves into. GLTA
TIME is an ILLUSION
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TIMING is an actual ART
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