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Thursday, 11/11/2010 9:10:03 AM

Thursday, November 11, 2010 9:10:03 AM

Post# of 23523
Stock split is for Preferred shares, I guess.
When Nevada Secretary of state doesn't put any note about split, it's usually stock split of preferred shares, maybe conversion to common. Same as RIGH. Someone called nevava corp, they said it's preferred shares split.
SSPT has very low number of preferred, 11M. RIGH has 500M.
Even with 200 r/s for preferred says 30% conversion, it's conversion of only 0.6B added to Common. They won't convert all preferred, but between 5%~30%.

This is good move. They convert preferred, instead of inceasing a/s or doing r/s on common.

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