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Re: wickw50 post# 186422

Sunday, 09/17/2023 12:56:53 PM

Sunday, September 17, 2023 12:56:53 PM

Post# of 198922
Got it. The reason I asked is because that is my best guess as to what OTCN is/has been doing (converting Series B Preferred at 1:10 ratio. 1 B for 10 commons) and I would be thrilled if they weren't. What worries me about the Series B is that we saw Harry convert 2M B for 20M commons last quarter, and given the qty of B that he holds, depending on how many he decides to convert, it could eat up those 900M shares that were added to the AS real quick. Not as worried about CC & Chandra, as both of them also hold plenty of commons, but Harry and/or the Zhabilov Trust sold their commons long ago and could be trying to replenish prior to the dividend...

Anyway, guess we'll see soon enough...