Replies to post #112140 on HUMBL Inc (HMBL)

[surfkast]

Are you serious? If there was a split the B shares will also be split

The Preferred will have the conversion value adjust accordingly if it is in the terms.. They do not split.

They would still have the same dilutional effect.

Preferred Stocks are really bonds, without a maturity date. They are "stocks" for accounting purposes only. The don't appreciate--or depreciate--based on earnings, like common stocks do. Consequently, it's pointless to split them.

*Convertible Preferred Stocks are a slightly different animal. The offer the investor a lower interest rate than regular Preferred Stocks, in exchange for the option to convert the Shares into common stocks. Consequently, if the underlying common shares do split, there is a mechanism in the terms of the convertible to adjust the convertibles conversion value accordingly.

https://www.quora.com/Do-preferred-shares-of-stock-split-or-reverse-split-along-with-common-shares