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Friday, February 09, 2024 4:43:30 PM
are using Preferred shares as part of the OS reduction plan?
He tweeted about it a year ago. The D’s and the E’s allow for a swap of common shares.
No other series of shares allows for such.
The only assumption I have seen is Tony will allow someone to swap commons for D’s or E’s and leave them holding bags because he won’t uplist.
I suppose if there is no reduction then there is no need to uplist since no D’s or E’s will have been issued.
#hds
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