If you want. Or you can convert. For every 250 common you own, you can get 1 pref C. The pref C's will (probably) have a 6% div and come with some restrictions.
How long do you want to hold, and how much do you believe in Consumer Lab Exchange as a company? Those will be the questions you should ask yourself over the next couple of weeks.
On the First order of action Yes, we will receive a Dividend of (1) C Share for every 5000 shares owned.....that is the 5% GIFT
On the Second, That is a decision to make as an Individual, 1 C Share for every 250 Common Owned in the exchange....I need to learn a bit more between now and the 18th...
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