InvestorsHub Logo
Followers 54
Posts 10318
Boards Moderated 0
Alias Born 12/01/2005

Re: tinojax post# 28852

Thursday, 04/22/2021 12:02:58 AM

Thursday, April 22, 2021 12:02:58 AM

Post# of 29021
I read the prospectus again and did some math. "The company" ie. the Common shareholder et al currently "owes" the preferred holders about $40 million (rough estimate), and if the common shareholders change control (via this lawsuit) the preferred may be converted to common at the preferred holders discretion ie. voting rights and all.