This is still not good. There is nothing staying any conversation rate nor values of these so called preferred shares and shareholders have no say in selling or conversion of shareholders. They must do better. I will be writing another letter to the SEC, and recommend everyone who cares about their investment in $LAHO do the same. This is for the birds.
this transaction remind me of what brito tried to do over at mspc with iqst. And we all know how that went. Hoping for the best here expecting the worst.