SHMP 8k;; catches fire soon. I'm holding this time, non dilutive financing and knock off 75m from OS bubba shrimp ready
Conversion Option . At any time after the two year anniversary from the initial Issuance Date, the holders shall have the right, only at the written consent of a majority of the outstanding shares of Series A Preferred Stock, to convert all (but not less than all) of the shares of Series A Preferred Stock into shares of the Company’s common stock (the “ Common Stock ”) in an amount of shares of Common Stock equal to 100% of the then outstanding shares of Common Stock outstanding at the time of such conversion (the “ Conversion Date ”).
Locked up for two years and retired 75,000,000 common shares.