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Re: SwordTrading post# 6974

Saturday, 04/01/2023 11:39:33 AM

Saturday, April 01, 2023 11:39:33 AM

Post# of 20519
That's all great. Except ABQQ may not have the option to repay the proceeds from the preferred stock and need the preferred shareholder to agree to repayment. Most likely it's not like they say "oh, here is your money back" because it's not debt, it's equity. The investors purchased those shares. ABQQ would also need a share price at or above $0.01 to get back to the QB. No way that ever happens without a massive RS.
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