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boston127

05/13/24 5:32 PM

#70745 RE: GetSeriousOK #70738

Excellent points. But, that means that

after the RS, they start increasing their OS in order to give them away. Anyway, they have a great sales model and, if they can make it all happen, it could be a homerun.

MrMyers

05/13/24 5:53 PM

#70754 RE: GetSeriousOK #70738

Disagree .... IMO, the preferred "A" shares are the source of the "green consumption" shares.
One Preferred "A" share = 50,000 common shares upon conversion.

91% of the authorized common shares, including converted Preferred "A" shares, belong to the company.

IMHO, the minimum common share price is $.50 based on the Preferred "B" par value of $10 divided by the common share conversion of 20.
$10/20 = $.50

As I said, I do believe that this will be the MINIMUM value of common shares at the beginning.

Everyone, please reply with your insight! Thanks!