Replies to post #81616 on Capstone Companies Inc (CAPC)

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Preferred B1 shares don’t have voting power

They convert into 50 million common shares. Not coincidentally representing a bit over half of the fully diluted OS, for voting control of the shell.

The holders of the Preferred B-1 will sell to Coppermine principals, or Coppermine will walk away, my opinion. It's the best deal the debt holders could get. The alternative is all shares are worthless in a defunct company.