Vortex Brands Co (VTXB)

[surfkast]

They have convertible C stock outstanding. Looking at the filings, Joseph Wade has cashed in preferred to over 1 billion common from February to May. I suspect the next filing in October will show similar numbers.


6,059,600 shares of Preferred Series C Stock issued and outstanding

Higley held 5,250,000 Preferred C leaving Wade with 809 thousand Preferred.
The Preferred C ratio is 25,000 to 1. So Wade still had the potential to cash in another 20 billion plus shares.

If Todd starts cashing in like Wade , with over 6 million shares, the number is staggering.

This is nothing but an ATM for Wade!


1/31/2023 New
Issuance 35,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
2/14/2023 New
Issuance 48,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
2/21/2023 New
Issuance 48,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
2/28/2023 New
Issuance 3900 Series C
Preferred $1 n/a (not
traded
Novus Group
(Joseph
Wade)
Cash R 4(a)(1)
2/28/2023 Cancelled -10,520 Series C
Preferred n/a n/a
Novus Group
(Joseph
Wade)
converted n/a n/a
3/2/2023 New
Issuance 48,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
3/10/2023 New
Issuance 62,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)

3/21/2023 New
Issuance 68,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
3/24/2023 New
Issuance 75,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
3/31/2023 New
Issuance 83,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
4/11/2023 New
Issuance 92,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
4/25/2023 New
Issuance 100,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
5/9/2023 New
Issuance 100,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)

https://www.otcmarkets.com/otcapi/company/financial-report/378534/content