Pinto Beans & Penny Stocks 2020

[puffyk]

WAMKQ Continues Uptrend


Trading WAMKQ

These cannot be converted into common, they can only be redeemed for cash.

Outstanding: 20,000,000. Liquidation Value $25.

Interest Paid: Greater of 3 month LIBOR plus .70% or 4%.

Depository shares representing 1/40,000th of floating rate series K non-cumulative preferred stock, no par value.

Series K Perpetual Non-Cumulative Floating Rate Preferred Stock was originally issued at $1,000,000/share. 500 were issued.

SO, 500 x 40,000 = Number Outstanding: 20,000,000.