Tuesday, September 12, 2023 1:07:47 PM
During the six months ended June 30, 2023, the holders converted 40.5 shares of their Series O Preferred Stock with a stated value of $40,500 into 450.0 million shares of the Company’s common stock. During the six months ended June 30, 2022, the holders converted 179.46 shares of their Series O Preferred Stock with a stated value of $0.2 million into 1.6 billion shares of the Company’s common stock. On June 30, 2023, 8,644.59 shares of Series O Preferred Stock remained outstanding and were convertible into 96.1 billion shares of the Company’s common stock.
During the six months ended June 30, 2023 and 2022, the holders converted 36 shares and 1,833.71 shares, respectively, of their Series N Preferred Stock with a stated value of $36,000 and $1.8 million, respectively, into 400.0 million and 2.6 billion shares, respectively, of the Company’s common stock. On June 30, 2023, 2,864.31 shares of Series N Preferred Stock remained outstanding and were convertible into 31.8 billion shares of the Company’s common stock.
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