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Saturday, February 06, 2021 6:57:41 PM
If 1 to 100 in conversion for the Preferred to Common
And if Tian Wei still has 93%
Then he has 93% of the fully diluted stock
(10,000,000,000 + 8900000000) x .93 = around 17.8B.
But 10 B are in Preferred so Tian Wei has around 7.6B of the Free float locked up.
8.9-7.6= 1.3B not in ownership hands
I fudged the figures somewhat as the original .93 owned by the new owner is listed as approximate.
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