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Re: KeepItRealistic post# 50773

Thursday, 04/08/2021 4:01:25 AM

Thursday, April 08, 2021 4:01:25 AM

Post# of 63455
Would preferred shares reverse split along with common shares? Good question. In my opinion, they would adjust their conversion ratio, but assuming doesn't affect them would mean that we will not see a reverse split until the preferred shares are converted into common shares.

With the above being said, if they can exercise the prefer shares immediately then I will sell 2/3 of my position at .01 because after they exercise the preferred shares the company might just issue a press release that they will execute a reverse split.

Maybe Starling could elaborate on your question, and I also like him to comment on it.