Tuesday, August 15, 2023 3:26:07 PM
What does the math work out to be on 5k towards preferred? 5k gets you 1000 which he said would be equivalent of getting 1333 shares. But guaranteed and less risk. You know exactly what you are getting.
Help me out on the math, but even if they did a 1000:1 at 5milly shares, kenjiroo still holds 5k shares. ;)
Is this why people said the other day that some might be selling preferred shares to obtain common? More upside potential because of more risk?
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