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Post# of 226099
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CliffRaRaRa86

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CliffRaRaRa86

Re: naturalborninvestor post# 65019

Wednesday, 05/01/2013 1:49:12 PM

Wednesday, May 01, 2013 1:49:12 PM

Post# of 226099

it means that you will get a certain number of preferred shares issued for free based on the number of common shares you hold on May 20th. The conversion rate is not specified.
You are then entitled to convert each new preferred share into 100,000 new common shares.



That's nothing more then a reverse split for dummy's.
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