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JoshTaeger

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JoshTaeger

Re: BayTrader280 post# 92591

Sunday, 02/28/2021 1:45:43 PM

Sunday, February 28, 2021 1:45:43 PM

Post# of 113316
The Class A shares account for half of the market cap of SHMP, by virtue of the conversion rights, which allow holders of the Class A shares to convernt them to common shares at an amount equal to the number of common shares outstanding at the time of conversion.

The true pps for the common shares held by SHMP "investors" is half of the trading price.

This has been a fact since the Class A shares were created. The conversion rights have been clearly spelled out in every 10-Q and 10-K filed by SHMP since then.

I'm here for the entertainment and to entertain. I'm certainly not here to give financial advice and anyone who thinks otherwise is a fool.

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