Thanks, aries4747. That's why sperber would hold the preferred shares going into the rs rather than converting to common before the rs. 600,000 shares @ $.0011ish vs 600,000 shares @ $.055ish {about a $35,000 bonus for sperber's stellar performance...unless there is a post-split run up to 10-20 cents, where he can net $60-120K}...preferreds are not affected by any splits.
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