You get 1M restricted common for your $150. You also keep the original 90,909 shares - They are completely a separate entity from the preferred or the restricted & will remain free-trading.
u will not lose your common shares[90909] if u buy pfd u wait 2 yrs before u can trade them sandy has done this a few times i and others have lost money with free stuff from sandy ya pays your money and takes your chances i have 40mill pfds that are wallpaper