i dont know how they would convert them to common shares but at any rate they aren't going to be doing it any time soon. the company that is getting RM'ed into EEVT has about $28 mil in capital. so that works out to about $.85 per share with the 33 mil os, and even after the 328:1 rs.
if you are worried because they have an RS listed on the to do list, dont be. the RS is just part of the merger deal, it will still have the same value. this isnt like a sub-penny rs and dilute machine.
i only have 1 post after this, so if i dont respond..... sorry... :(
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.