In the real world of equity, this happens all of the time. Big boards utilize their stock price to consummate leveraged buy outs, acquisitions and mergers. The stock price of a company usually can be exploited to garner favorable loan terms in traditional finance/banking institutions.
In the OTC, very rarely. Because OTC, "Penny stocks," are viewed in the pejorative, no traditional institution will lend them money. Unfortunately, because of such indifference, the only way to garner proceeds is to issue convertible notes. Many times these notes are tied to a discount percentage associated with 10 days prior, VWAP, (volume weighted average price), just before exercising. Because the note holders do not care about the company, its' prospects or anything else, they can abusively short the price per share, and never have to cover, because they are always going to get discounted shares. The lower the price, the more shares have to be issued to cover the difference. It is called shadow boxing, cellar dwelling, etc.. I am, due to brevity, over simplifying the process, but you get it.
To your direct question, how often do preferred shares get issued in the OTC? Not very often.
Before my recent spate of posting on this board, I have been keenly watching the flip flop of opinions back and forth here. Opinions are like ...holes, everyone has one. Do not put your trust or confidence in anything posted here, that includes myself. If anyone, "TRULY," knew what was about to happen here, they would post it before it happens, point to point. Making shotgun predictions that it will hit .0013 tomorrow, possibly .0015, before it hits trips again, is prattle. I can read a chart like everybody else. What a chart cannot tell you is momentum, social media content and news. As for me, I have traded this equity back and forth, and this is the first time I am posting publicly about it. I added shares at .0011, and .001, tried for .0009's like another great trader, CJ, but got none. That is the truth. I will sell sometime next week likely, but I take things day to day, sometimes hour by hour, but not minute by minute. ASII has a great story currently, anticipated news coming and a corporate vow, currently, not to increase the AS or conduct a RS. That is sufficient fuel to power at least one more run, that is all I need to justify my purchasing of additional shares last week.
Predictions are for seers, tarot card readers or the like, worthless. I simply want to make money. Buy at X and sell at Y or Z. Nothing more, nothing less.
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