InvestorsHub Logo

Blizzld

04/01/19 11:19 AM

#25431 RE: A27 #25429

The basics (from memory) is that it was some sort of swap deal.. ImpactPPA token rights for 60,000 preferred stock convertible into 100 shares of common per share. So in essence 6 million shares.

But Millennium was sorta a beaten up dog with lots of issues, however they changed the name back to its former name, and gained some traction on some product news, did a 1 for 10 split .

The stock ImpactPPA owns would be about 600,000 shares now but the price has been between 6 and 9 bucks a share but it trades pretty well.

Overall there is a possibility it could provide some money when the stock can be sold sometime near June I think. I think they were supposed to be free trading but delays in financials held that up a bit. Pretty sure the date is somewhere near end of June.