#1 let's be reasonable and say you have 500 p escrows as retail. So you would be issued 500 new p preferred and therefore 500k commons when the common average price was $60/share for say a 30 day timeframe.Obviously a windfall that large brokerages would love to deal with you. And it appears that the some of the handlers that have escrow skin in the game are already amping up to utilize the funds for acquisitions in spac type ventures. We just might.be fortunate as hanging on to the coattails of the big boys and reap some rewards ourselves.lol Always remember there is a huge number of authorized COOP common(say 2B?) that are available for use in a private placement to escrow holders. The majority of retail has a minimal amount of P escrows(100 -500).
IF IF they have to issue COOP commons at a ration of 40/1 they numbers they would need to return would SERIOUSLY DILUTE COOP and cause the TOS to be enormous
This is why LG and I have suggested, they would instead issue P's for both P and K so as not to dilute COOP to death
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