InvestorsHub Logo
Followers 30
Posts 3869
Boards Moderated 0
Alias Born 02/02/2010

Re: kennypooh post# 65282

Friday, 01/08/2021 10:32:31 AM

Friday, January 08, 2021 10:32:31 AM

Post# of 70650
Cash will be paid by new bagholders when they convert the prefs to common and dump many more millions on the market to get their payment. Basically this is postponed dilution. Be sure they have conversion conditions on those shares that keep their value after next reversed split.