Monday, November 28, 2022 7:37:21 AM
Wright gives common shares to treasury
Wright gives common shares to pay off debt from the treasury(those are Wrights common shares)
Wright gets preferred for common shares given back to treasury.
That's how you keep the authorized shares and outstanding common unchanged.
Jungling common for preferred keeping common shares unchanged
Maybe that's how Wright pays the debt off with his common shares. He then takes preferred for the common shares. That's probably why he has so many common shares. He's the keystone financial genius.
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