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Det_Robert_Thorne

07/30/20 3:14 PM

#17145 RE: Majk76 #17143

CEOs always deny RS is in the works

They always say that there is no plans for an RS, until the day they file to do it.

With the current AS and OS, Ozop can't honor the conversion terms of the Preferred D stock, so it will either have perform a reverse split or increase the AS.

Either way, the real owners of the company (Class D shareholders like Catherine Chis and CEO Conway) won't suffer any ill effects, because their preferred D shares are convertible to 3X the number of common shares.
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humbleacolyte

07/30/20 3:15 PM

#17146 RE: Majk76 #17143

He also said that there would be no more dilution about 50 metric tonnes of dilution ago....clearly he lied, or, someone lied to him about it, either way, can't trust what he says.