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The next thing we need to do is

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powerbattles Member Level  Thursday, 07/29/21 02:40:42 PM
Re: None
Post # of 10749 
The next thing we need to do is pushing them work harder to settle or restructure overhang of convertible debt. This can easily achieve by exchanging a convertible note equity for preferred stock. One benefit of preferred stock is preferred dividends refer to the cash dividends that a company pays out to its preferred shareholders. Preferred stock typically pays higher dividend rates than common stock of the same company. Preferred stock get their investment back before holders of common stock are paid. Dividends are usually paid quarterly, so these preferred shares will pay off very soon.



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