Yes i know that! see MY POST#16115 AND MY POST#16116
The reason they agreed to exchange preferred shares for the debt is because the Creditors would not have been paid and if the creditors demanded payment DTII would have to declare bankruptcy.
Could be from conversion, or could be from new issuance not related to conversion.
FACT IS THEY HAVE NO REVENUES, SOMEHOW THEY HAVE TO CASH FROM SOMEWHERE!
We will find out on 12/15/2022 when financials are due, if they file on time!
If from conversion or other these shares will or some have already been sold on the open market.
Slow selling will continue until all converted shares/ or other are sold.
WHAT I DO KNOW IS DTII IS A SCAM!
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