InvestorsHub Logo
Followers 2426
Posts 90822
Boards Moderated 7
Alias Born 09/12/2003

Re: madeindet post# 4682

Friday, 03/22/2024 2:24:29 AM

Friday, March 22, 2024 2:24:29 AM

Post# of 5093
Who are the owners of the preferred shares? Do they also hold common stock? Let's not overlook what transpired on January 1, 2024, when all the Series C shares were converted into Common Stock. Additionally, insiders still retain 134,427,516 restricted common shares, which will be acquired from KOAN.

The Class A Preferred Shares have no dividend or conversion rights.
Series B Convertible Preferred Stock has no voting rights. Can be convertible into twenty (20) shares of the Company’s common stock

From EMGE quarter for the period ending: September 30, 2023.
Page 11 Effective January 1, 2024, all the preferred C has converted into shares of common stock.

No share of Series C Convertible Preferred Stock shall be converted into shares of Common Stock prior to January 1, 2024. Effective January 1, 2024, all issued and outstanding shares of Series C Convertible Preferred Stock shall be converted into shares of Common Stock at the ConversionRate of one hundred (100) shares for every one (1) share of Series C Convertible Preferred Stock



WHO IS THE OWNER OF THE SERIES C STOCK? LOL:)))
We're in the same situation as the insider, so I'm not sure why some people here are still confused.