It is very confusing to me to try and figure exactly what is coming here. The new company is called GBDF, INC. It is a private company. The new president has a German name and I can find no info on what this company does. When you google it , you are shown several results to pursue but the more you try to learn the less you know.
I do know that one of the angels behind this is a very successful angel from California who presently has several other upstarts around the world, one or two of which is actually successful and looking very promising.
Four Series of preferred stock may be available, A,B, C and S with A taking priority over the others.
Whatever is going on here seems like it will move completely out of the public eye as far as any public stocks are concerned. I have never been part of a merger of a company from public to private but it seems to me that either I will become a non-voting member of GBDF, INC. or my shares will have to be purchased from me and cancelled out.
Unusual ground for me but quite interesting.
SPock........ Keep phasers on stun, my friends.
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