If you are referring to clearing issues, technically they can…$0.01 is the line. But they get more difficult when it starts to approach $0.01.
And yes, that is likely the primary and probably the only reason they are doing the RS.
This has only ever been about those Pref B shares. The holders have collectively made well over $50 million with them as the share price has declined 95% in the process.
And to top it off, that is only about 25% of them converting.
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