Replies to post #8206 on Experience Art and Design Inc. (fka EXAD)

[Skeptical]

this is what I'm saying. They did not have to increase the A/S for the moment cause they transfered in preferred. But what do you think they will do with their preferred shares? Throw it in the garbage? So at some point, they will have to increase the A/S just to convert the CURRENT preferred shares.

Think fully diluted not O/S