They have convertible C stock outstanding. Looking at the filings, Joseph Wade has cashed in preferred to over 1 billion common from February to May. I suspect the next filing in October will show similar numbers.
6,059,600 shares of Preferred Series C Stock issued and outstanding
Higley held 5,250,000 Preferred C leaving Wade with 809 thousand Preferred. The Preferred C ratio is 25,000 to 1. So Wade still had the potential to cash in another 20 billion plus shares.
If Todd starts cashing in like Wade , with over 6 million shares, the number is staggering.
This is nothing but an ATM for Wade!
1/31/2023 New Issuance 35,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 2/14/2023 New Issuance 48,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 2/21/2023 New Issuance 48,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 2/28/2023 New Issuance 3900 Series C Preferred $1 n/a (not traded Novus Group (Joseph Wade) Cash R 4(a)(1) 2/28/2023 Cancelled -10,520 Series C Preferred n/a n/a Novus Group (Joseph Wade) converted n/a n/a 3/2/2023 New Issuance 48,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 3/10/2023 New Issuance 62,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1)
3/21/2023 New Issuance 68,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 3/24/2023 New Issuance 75,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 3/31/2023 New Issuance 83,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 4/11/2023 New Issuance 92,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 4/25/2023 New Issuance 100,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1) 5/9/2023 New Issuance 100,000,000 Common $0.00 Yes Novus Group (Joseph Wade) Conversion of preferred stock UR 4(a)(1)