Houmu Holdings Ltd (HOMU)

[THall]

Obviously they cant be fully diluted because there arent 10 billion in the AS in the first place SMH. Wei would under no circumstance want to convert the control block of shares to common shares or he would lose ownership of the ticker. The AS would have to be 19 billion for this to be fully diluted

On September 22, 2020, the Company filed a Certificate of Designation with the State of Nevada for the creation of 100,000,000 shares of Series A Preferred Stock. On the same date, the Company issued 100,000,000 shares of Series A Preferred Stock to David Lazar in return for valuable services he has performed on behalf of the Company, and to reduce its indebtedness to Mr. Lazar by $20,000. Each share of preferred stock is convertible to 100 shares of common stock and voting amounting to 10,000,000,000 common shares if converted.