Haha! It's always good to have your escape route mapped out! Sounds like a great plan! Most slimeball companies announce an RS after market close to be effective at open the next day. That doesn't leave much time in between for the PPS to pop to .99!
Here's some bragging rights for you. You can tell people that you own 700k shares of a big board stock. They will truly be impressed! LOL!
I was wondering if you could help me with the breakdown.
Each unit:
1/4 share of series A preferred Which converts into 10 shares at an exercise price of $1.24
20 shares or Series A.
How do you get the total amount of shares you get from each?
I keep thinking an exercise price of $1.24 is hurting us because the stock price is not higher than that. I am probably very confused. Any help is appreciated.
I was wondering if you could help me with the breakdown.
Each unit:
1/4 share of series A preferred Which converts into 10 shares at an exercise price of $1.24
20 shares or Series A.
How do you get the total amount of shares you get from each?
I keep thinking an exercise price of $1.24 is hurting us because the stock price is not higher than that. I am probably very confused. Any help is appreciated.