Synaptogenix Inc (SNPX)

[Battle Ready]

So, I see it as a win because after they secure the dirt cheap shares, and probably do some reverse split, the share price will magically correct and they'll be in the money...

Think of it as each current shareholder has their pro rata ownership of what the company is intrinsically worth. This deal, done the way I've suggested, transfers out of the existing shareholders and into the preferred shareholders. In essence they are fleecing us...

The deal with the preferred getting the company on the cheap only makes sense if the company is about to go out of business and that is clearly not the case at this point in time...