LMAO, deal has contingency for PMA approval! TOO FUNNY!
Talk about fairy tales!!
I thought someone already bought that bridge!
Can someone be that naive? This effectively put the converted shares at 100 BILLION since they own about 80% of the company for 2.5M! I think she found a SUCKER!
Upon the first closing, these shares of Preferred Stock will represent 78.9% of all issued and outstanding capital stock of the Company. Consequently, the first closing will result in a change of control of the Company.
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