Harrison Vickers & Waterman Inc (HVCW)

[Smilin_B]

Canouse and Hicks hold 1m preferred D shares each

They have no incentive to let the stock run, prior to August 25, the day these become convertible.

Legacy HVCW shareholder will be left with less than 5% ownership, post-merger

Canouse and Hicks will still be part of the picture.

Significant dilution will ensue, albeit NOT immediately, except for the convertible notes and the preferred D conversion (from August 25)

Ideally, I would have liked to see the Certificate of Designation of the preferred F and G shares, but it isn't available, yet.

Canouse and Hicks hold 1m preferred D shares each

They have no incentive to let the stock run, prior to August 25, the day these become convertible. pic.twitter.com/8IkM28a3UZ

— 🧠📖MaxInvestor89🕵️ (@MaxInvestor89) August 14, 2022