Frequency Holdings Inc (FRQN)

[trader59]

So, if you're really him and have the time to post here on iHub, can you please explain the plans for the stock? I see the previous owners of Reachout were given preferred stock in this company when you merged it in that converts into what is described as 87.5% of the "fully diluted" common stock, Trillium partners were given 10%, and Everett Dickson 2.5%. I understand why, as you guys owned 100% of Reachout when it was private, and you're not going to just hand over any significant percentage of ownership to the holders of the legacy common stock of this shell for nothing, so this question isn't about maintaining the ownership stakes by you or your private investors. It's about how you get there, as the only way that I see it happening is a large RS of the existing common stock followed by the conversion of the preferred stock. Can you explain what your plans are so these guys don't buy a pig in a poke?

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