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Re: jngreene33 post# 184752

Tuesday, 08/22/2023 10:08:32 AM

Tuesday, August 22, 2023 10:08:32 AM

Post# of 198922
Remember that Series B do NOT get dividends, and between Charles, Chandra, Harry, & Joseph, they hold and/or held almost 400M of the 454M (452M as of June 30th) or roughly 87% of all Series B. If they convert those into commons and the SAGA deal goes through, they'll get dividends on the commons they just converted to. They'll lose some voting rights, but if everything of value is moving to SAGA, that won't really matter...