Primior Holdings Inc (PTKN)

[luckydude777]

Are we talking about Johnny owning PREFERED shares (that he has) that can be converted to common shares at any time (which he can sell them) as I understand CAN legally happen?

And assuming that can LEGALLY happen, could the selling of most or all of those preferred shares being converted to common shares then drive the share price down much, much lower (if he decides to sell them) if we get no decent news pretty soon to bring new buyers in (or stopping selling from current disgrunted share holders?)