Replies to post #8084 on 141 Capital Inc (fka ONCP)

[roiresearch]

yup

100,000,000 at .0001 = $10k
100,000,000 at .001 = $100k

no restrictions

and who knows what the ultimate conversion back from pref to common will be

[Gbathat]

I'm with you seek

hard to make a clear decision without knowing the current o/s


I think the company is expecting a run. My guess is when you convert back, the conversion rate is based on $1 divided by the share price at that time.

I will do some reading though to learn more.

Peace,
Gbathat