Well, be many that can't see the forest for the trees, especially the clowns that are in past scams with 6.5 Billion shares issued and company has zero business like MWWC for example. they have another 37b in conversions they cant cover!!
WHEREAS:
MGON has NO outside DEBT
PFD D class have conversion restrictions (all company has issued out)
That said, I do see the restructure benefit forward for a company that inherited 291M shares issued to common shareholders, so to restructure of same valuation as smart ones would understand issued decreases/ pps increases = same valuation, BUT forward is the key and a smaller float, higher pps in lines with their assets as per CEO statement. Makes sense.