CuraScientific Corp (CSTF)

[JohnnyThundersLAMF]

You can't get to 14 billion shares from a 7 million block of preferred shares

AGAIN...

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

There are approx. 7 million Preferred A shares issued.

7 million x $10 = $70 million

$70 million / $0.005 (yesterday's price) = 14 billion

7 million to 14 billion is a 1 for 2,000 conversion

Some of the actual filings are worse.

On November 2, 2021, the holder of 5,000 shares of Series A Preferred Stock converted such shares into 12,500,000
shares of common stock.

A 1 for 2,500 conversion

The closing price on Nov. 2nd was $0.008

$0.008 x 12.5 million = $100,000

Which means $50,000 worth of Preferred became $100,000 worth of common.

A straight up toxic POS.