company’s two key officers & directors were offered five (5) million shares of common stock each plus 250,000 shares of Series A preferred stock. Shares issued increased both the common stock and preferred stock by more than 10%. Preferred Stock Conversion Rights:
Holders of Series A Preferred Stock have the right to convert each share of Series A Convertible Preferred stock into 1000 shares of restricted common stock.
and that would bring the Outstanding to Over half a billion shares
Plus any and all additional 504 stock being sold
should those shares be converted what could the NAGP shares be valued at then ?
They should print them on like a 4 inch wide paper tape to "add value"
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