Discovery Minerals LTD (DSCR)

[Factorowitz]

Exactly right and the benefit of these preferreds stocks are they are anti-dilutive, so regardless of any kind of split the number of your preferred don't change. Each preferred converts into a 100K common shares. If you do the math any amount of investment truly equals a large profit.


Preferred Amount= $ value of total investement/$2.50 (each share of preferred share is valued at $2.50)