AI
Thursday, March 24, 2022 12:19:43 AM
Forgot to mention, the series B conversion rate appears to be 10:1
https://www.otcmarkets.com/otcapi/company/financial-report/312797/content
Just these four issuances equals 295,180,000 Series B shares:
x10 = 2,951,800,000 Common shares
For reference, the current O/S is 2,797,935,953 https://www.otcmarkets.com/stock/enzc/security
I don't know enough about conversions to fully grasp the meaning (or lack of meaning) of this info, so maybe somebody could point me in the right direction. Am very curious if there's restructuring that affects the Authorized/Outstanding/Float around whatever time this ticker next pumps, ie to make room for more conversions.
https://www.otcmarkets.com/otcapi/company/financial-report/312797/content
Just these four issuances equals 295,180,000 Series B shares:
x10 = 2,951,800,000 Common shares
For reference, the current O/S is 2,797,935,953 https://www.otcmarkets.com/stock/enzc/security
I don't know enough about conversions to fully grasp the meaning (or lack of meaning) of this info, so maybe somebody could point me in the right direction. Am very curious if there's restructuring that affects the Authorized/Outstanding/Float around whatever time this ticker next pumps, ie to make room for more conversions.
I edit too much! Refresh any of my posts within the first few minutes to get silly little updates and clarifications. :)
