If you add the 550+ Million newly converted shares,,,
floating in by June,
from the new $0.01-Convertible-Preferreds,
which could have been converted "anytime"
[and probably already were, imsio]
then, the new "fully-diluted" total is 680+ Million 'shares'
which is More Than 5x Dilution, very recently,
just by selling $5-Million-worth of
super-toxic 0.01-Convertible-Preferreds
to a few insiders, to replace $1.2-Million-worth of
overdue pretty-toxic Cornell death-spiral financies.
And, more toxic convertible-Preferreds can be sold,
anytime the only1 voter, votes yes, and no outside
shareholder can vote no, against this, or anything, ever.
Just like a pink, except COPI is supposed to report,
but only after it's too late, and the 1 vote is counted.
The CEO can even vote himself some of those can't-lose,
massively-diluting "Preferreds" [just like swvc],
and, he may already have, because who knows who bought
the first batches.
COPI may not be not-quite-pink,
but it sure looks just like one,
and much more, recently, especially,
in the most important areas of :
1] massive + growing dilution , and
2] massive + growing toxic + death-spiral financing , and
3] increasing bottom-line losses
P.S. ; Revenues are not good, if they cause bigger losses.
Averaging-down is profitable, for shorters, only.
