InvestorsHub Logo
Followers 285
Posts 4128
Boards Moderated 1
Alias Born 11/11/2016

Re: highfeather post# 1389

Monday, 12/19/2022 2:37:50 PM

Monday, December 19, 2022 2:37:50 PM

Post# of 2227
With no effective s-1, they aren't doing anything. The $300,000 OWP received was for preferred shares, convertible at .15, and have a 6-month wait. There is no guarantee the lender will ever get any shares other than those preferred shares. With how protective they have been with the O/S, I can't imagine Isiah would convert them anywhere near this PPS.

By the number of shares they reserved in the S-1, they are looking at a minimum of .50 pps, otherwise, they would have to reserve much more, like 125 mill+ at the current PPS.

So they are anticipating something big, what and when is the question.

4.5 million invested via preferred shares. They break even at .15.

???

$OWPC
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent OWPC News