Replies to post #67623 on Lans Holdings Inc (fka LAHO)

[BeasTrader]

nope, but the pr makes it appear that way.


our shares are

mssv current OS * .8 = xxx shares that the 1000 preferred shares lans receive can convert into.

so OS 7,244,655

7,244,655 x .8 = 5,795,724 common shares lans can convert the 1000 preferred shares into which at 0.036 pps is only $208,646


split the 5,795,724 shares up between the 5 billion of lans .

so its 1 mssv share for every 862 laho share

so your 20 million (0.0046 - $92,000) shares is 23,202 MSSV shares which is $835 at 0.036 pps


so you LOSE $91,165

is that a fair trade? nope

but it is for Dave Christensen because his own preferred shares series AA I believe. (I have to look up again)