Replies to post #18644 on Obocon Inc. (OBCN)

[Lazarus]

Those are COMMON SHARES

according to the 8K filed here on 3/4/2020

There are preferred shares convertible on a 1000 for 1 basis into common shares.

Effective or Prior to January 30, 2020, Tony Nick, the previous Interim Officer and Sole Director and majority shareholder the Company, entered into a stock purchase agreement for the sale of 5,000,000 shares of preferred stock of the Company, representing the control shares of the company to Naveen Doki.



Each share of preferred stock is convertible into 1,000 shares of common stock at the option of the holder, and has super majority voting rights enabling the holder to vote with common stock on a 1,000 vote per share of preferred stock basis.

I JUST READ THIS SH*T TODAY FOR THE FIRST TIME