SOHM Inc (SHMN)

[Helter Skelter]

Pay everything with preferred shares. The acquisition, officer/director compensation, everything...if affiliates/insiders receive the shares then those shares "by nature" are restricted. Also, if anyone has more than 10% of any class of stock OS (commons/preferreds) they are restricted...preferred shares don't figure in market value (common shares OS x pps) nor EPS (earnings per share = net income / common OS)...

A company yesterday (INC*) just released this > "SARASOTA, FL / ACCESSWIRE / July 22, 2021 / International Consolidated Companies, Inc. (OTCPink:INC*), completes the acquisition of SoundTech AI, Inc. for $150 million of preferred X stock effective today July 22nd, 2021..."

Those 150 million dollars of preferred X stock are restricted.

Company was trading at $0.004. Trip zero not long before that. Not sure what it is, but it was done with preferred shares. $150 million worth, supposedly, eventually.

---o---

Another CEO who used preferred shares to acquire multiple companies (6 or 7 now, I believe) took the share price from $0.01 to over $9...



CEO Baron has plenty of options. He's a finance guy that can make sweet music. He's gotta make the sale. Or buy in this case :)

SHMN Strong Buy at these prices $0.004 JMO