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Thursday, January 20, 2022 12:59:48 PM
it doesn't mean there is a block of 70 million shares valued at $10 per share: show me...
Wrong again. It's 7 million at $10 per share.
each share of Series A has a stated value of $10 per share. Each share of Series A is convertible to common stock at the closing price of common on the date of conversion.
https://www.sec.gov/Archives/edgar/data/0001877788/000187778821000009/bnow-form_10.htm
The exact number as of September 30th was 7,006,136.
https://www.otcmarkets.com/otcapi/company/financial-report/311164/content
7,006,136 x $10 = $70,061,360.
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