Sunday, August 15, 2021 8:12:17 PM
https://mobile.twitter.com/dx_helios/status/1426981362385530886
"It’s important to note, the private investor is not interested in converting the 50M shares. The shares will remain restricted until such conversion."
So, using Friday's closing price just as an example, these preferred shares have an estimated value of $310,000. (50,000,000 x .0062). Apparently this investor wishes to HOLD these shares. That is not exactly small change, and I think it's safe to assume someone obviously believes those shares will be worth a lot more in the future. I agree.
$rshn
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