NaturalShrimp Inc (SHMP)

[PayDayTrader]

Generally speaking

Preferred shares do NOT reverse split, they have and maintain a fixed value "par value" based on specific Dollar amount or if there is a conversion, it would be based on percentage of.... Example would be Easterling preferred converted to an equal number of the outstanding common shares with or without split... another example when the three stooges gifted themselves bonuses...each of their bonuses had a conversion rate of 8.5%(from memory) of common shares at the time of conversion.