Tuesday, September 27, 2022 4:48:56 PM
AND, even notwthstanding the above,
It is ROUTINE for pennystock companies with preferred stock class(es) to increase common stock AS with~OUTT shareholder proxy votes - often because the preferred classes are supervoting and CONtrol a majority vote with~OUTT needing to CONsult retail shareholder-victims. The insiders have amjority voting CONtrl via the supervotng preferred classes and can approve via that majority vote with~OUTT even notifying the retail common stock holders before the action is taken and approved.
Very routine in the pennyscams.
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