Thursday, October 06, 2022 3:47:07 PM
1. Appears F&F bought either 211k or 271k of Preferred B shares for $2/share. There was a 60k Preferred B that shows .001 so not sure what that was.
2. Appears 95k have been converted per the last report.
3. Over 50% have not converted.
4. Converted ones might want to be in place to sell on the next run or maybe already selling (which would not be good). Can not be mad at any that want to be ready to sell after 3 years.
5. Focusing on the 55% that remain. 65% using the higher number. You would think and hope that after 3 years they would be asking what is going on and what is happening in the short term and long term to make their decisions and be able to see through any bs. That percentage is still strong to not have converted after 3 years and a good sign.
Maybe just maybe they are going to start acting like a public company.
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