Series C Preferred Stock 5,775,960 outstanding
Each holder of shares of Series C Preferred Stock may, at any time and from time to time, convert (an “Optional Conversion”) each of its
shares of Series C Preferred Stock into a 25,000 of fully paid and non-assessable shares of Common Stock; provided, however, that any
Optional Conversion must involve the issuance of at least 25,000 shares of Common Stock
5,775,960 X 25,000 = 144,399,000,000
Yes 144 billion shares!
All my posts on the site are to be considered opinions.
Readers determine the veracity of the posts they read and the credibility of other Users