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Alias Born | 11/29/2010 |
Thursday, November 03, 2022 7:44:34 PM
1) I'm just trying to find out if there are 100k or 20 million. If there are only 100k then update it with the SOS. If there are 20 million then--
2) Are the remaining 19,900,000 different "Classes" of preferred shares? If so--
3) Are any of the preferred shares convertible into common? If so, at what rate (1-for-10, 100, 1000, etc).
Whether Tad has converted his to common --if allowed-- is of no consequence. I assume he hasn't since he says he owned all of the Preferred A's a/o June 30th.
If there ARE 19,900,000 preferred shares authorized but not yet issued then that might be where the stakes for Patel and Co will come from.
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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