Tuesday, September 20, 2022 10:33:28 AM
The Preferred shares are convertible into common. There may be a waiting period,but when the waiting period is over the creditors will convert their shares and then sell on the open market. That's the only way they will get their loan money back. If they thought they would get their principal and interest they would have not agreed to a conversion. Might as well get interest till maturity and then get their principle. They knew it wouldn't happen.
DTII makes it sound it is great because they got rid of the debt.
DTII is a scam.
Recent DTII News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 09/16/2024 08:36:02 PM
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- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 07/31/2024 09:20:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 08:26:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/20/2023 10:23:35 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 12/15/2023 07:42:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/25/2023 08:12:07 PM
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