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Re: Don post# 87943

Tuesday, 01/17/2023 1:30:27 PM

Tuesday, January 17, 2023 1:30:27 PM

Post# of 106288
These preferred shares gave the BOD control of the company which is good thing that locals in Mexico have the control as not much can be done there with out it. Also there’s no market for these preferred shares yet they have equal participation with regular shares in future dividends. (Wink, wink)

“A total of 28 million non-convertible, preferred shares were issued at the par value of $0.10 per share with *****each share having 100 voting rights and equal participation with common shares for all future dividends.*****”


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