The preferred have a time conversion so at the present time shares will remain the same. However, they are dillutive and the subsequent response by the markets indicate weakness. Furthermore, the lack of disclosures by corporate on the financial metrics, let alone a lack of official press releases, and zero investors conference to inform shareholders, is a huge vacuum. Not much anyone can do here aside from selling shares at an abysmal level. On a lot of levels, not much intentions or confidences towards a higher goal of uplist.
Just my take.
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