Series A preferred shares are how companies raise capital in a non toxic/defaulting fashion. Big investors either institutional or private equity are getting involved here imo. We may have just found our financing. If Dutch Gold comes out with an announcement stating we have received X Million in financing were going to move way past .20 imo. Preferred stocks offer a company an attractive alternative to debt financing.
Everything I say is my opinion only and is not a recommendation of any sort. Always do your own Due Diligence!
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