Grupo Resilient International Inc (GRUI)

[mark m]

Welcome back, RedCloud. I, too, did not know you were injured. We're all glad you're feeling better...

Converting common to preferred for the BOD does absolutely nothing for the stock price. They most likely weren't selling anyway. The former director's shares converted to preferred is actually better news, since he won't be able to sell them unless he converts them back. But what the company needs is a pile of cash to do a buyback!!

But this is at least a show of good faith on Fred's part. I can't fault him for that.