Defense Technologies International Corp (DTII)

[Poco Parvenu]

From DTII's 10Q for January 2019:

Preferred Stock

The Company has 20,000,000 shares of $0.0001 par value preferred stock authorized and has designated Series A and Series B preferred stock.

Preferred stock shares, each of which have different terms as to conversion, are restricted shares until they are vested and converted by the parties involved, usually with the proper filling out of forms, a legal opinion, and submission to SEC. Of course lenders to DTII are satisfying their debts by selling shares to the public, that is how it works, and the recent 8K states other terms that DTII and their lenders have agreed to.