I don't think you understand, but in lamer terms, the CS that we own right now, we will get 1 PS (the new class) for every 10 shares of CS (the current class)...as for the incentive..the PS is worth $1.00 a piece, and you get additional warrants to purchase the PS @.50 cents a piece but only up to the amount of the PS received as dividend...the second incentive for the divy is 97% and 3% distribution ratio...so for example if CBIS decided to give us any distribution (which necessarily does not have to be a dividend) the PS shareholders will receive 97% of the distribution compared to CS shareholders, which will only get 3%...and if they have AE&P (in other words, when they produce REV), that will also go to PS at 97% ratio, so you do the math...the the CS will balance out (which I mean there will be no more dilution, in other words bound for a run)and there will be straight stock dividend worth a dollar a piece...and thirdly the date has a good chance of being changed.
the CS is not going anywhere even after the divy is distributed, dividend is different from a distribution, a dividend is given here because it will have no impact on the CS because it is a completely separate class...it is not a distribution because CBIS has no current E&P or they would have gave a cash dividend..but, this alternative is the best for shareholders as we receive a dividend and there is reason to hold CS (as there will be no more dilution)...and can naturally increase until revenue generation...CBIS is in a excellent position here while they run those FDA trials..plenty of reasons to be in..ps at this price I think we can all agree it's a steal.
