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MoneyMan

12/05/23 10:39 AM

#232134 RE: RR67 #232133

They have made these recent transfers of control using 1,000 Series A Preferred shares. They are equal to 66% voting power of the common O/S no matter the number issued.
https://www.otcmarkets.com/filing/html?id=15543517&guid=kTJ-knrz1Zf8dth

In my opinion that is good for an incoming R/M. They do not need to touch the current O/S and commons to have control of the company.

They can issue a few thousand more to owners of the incoming merger and control is theirs.

Long long term maybe not the best but it makes this an attractive R/M company along with being clean SEC reporter.