SOHM Inc (SHMN)

[MDPennyPlayer]

If only someone would have predicted this...

MDPennyPlayer

Re: BeachBum post# 62732

Friday, August 04, 2023 12:00:12 PM

Post#  of 63314 Go

If the preferred shares are for most of the funds, as Baron states in the PR (taking that with a grain of salt), then wouldn't they have to raise the Authorized Shares to accommodate the amount of shares when they are fully converted.

That would be about 2.5 billion shares if the par value is .001 and they are giving preferred shares for $2.5 million


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