InvestorsHub Logo

PTS

09/30/20 10:44 PM

#38815 RE: Lineman317 #38814

Just know you will own the equivalent of 73% in Mssv.

tdbowieknife

10/01/20 7:49 AM

#38817 RE: Lineman317 #38814

LAHO commons will get zero...

.

BeasTrader

10/01/20 9:11 AM

#38820 RE: Lineman317 #38814

No, its 73% of what's mssv current OS is.

So if MSSV has 10 million shares and laho decides to covert all 20000 preferred shares, they will get 27 million commons (makes the new mssv os at 37 million)

You take those 27 million shares and divide that up by 4 billion shares(LAHO OS at suspended date)


Which you get that 0.001825. So every shares you have is worth 0.001825 of the mssv share.

If you had 1 million of LAHO and MSSV CURRENTLY IS AT 10 MILLION SHARES at time of conversion, you'll get ONLY 200 shares of MSSV.

now you tell me how the heck that is fair to LAHO shareholders?