Dear Cashmere Holding Co (DRCR)

[tedpeele]

The SGN filing shows the terms of this deal, and if I’m reading it correctly, all of the preferred are going to convert.

They may have some plan to lock those up, but if they don’t, that would seem to mean drcr shareholders will be diluted In a way that seems incredible. I hope that’s really not the case. I reached out to the company and got no answer. For this reason, I sold the rest of my shares. Wish you the best.