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Re: Atum61 post# 40906

Thursday, 06/16/2022 12:03:53 PM

Thursday, June 16, 2022 12:03:53 PM

Post# of 46170
1 - I don't know. Probably never until they are registered as unrestricted (see below), and then they would simply convert to additional INTK common shares
2 - they are restricted for one year, so 6/6/23 (one year from the actual payable date) would be the earliest. It might not happen precisely on the one year anniversary, as INTK has to file to "register" those shares for free trading. Something of a formality, but INTK has to do this, it is generally NOT automatic.
3 - Prospectively they would have the same value as common shares at any point in time, but given that you can't trade them and they are not marginable (and therefore can not provide collateral for buying something else), does it really matter what the value is right now?

Let's talk about it again in June of next yea. Until then, there is nothing more to be said.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!