News Focus
News Focus
icon url

KeepItRealistic

09/04/19 1:48 AM

#22248 RE: JOEALE #22244

Company created two new classes of non dilutive preferred shares
icon url

Squirrely_McShitty

09/04/19 2:06 AM

#22254 RE: JOEALE #22244

The obvious answer is they created preferred shares. But I assume you saw that.

Can't help you much beyond that, except to say it cannot be converted for 6 months. But I do not know how to read "1 preferred share = 1:25 common shares". One preferred share = 25 common shares?

Where did you come across this?

I was a poli sci major. Have to ask the business majors.