Interesting: Series A Preferred Stock. The number of shares constituting the series of shares of Series A preferred stock of the corporation with $0.01 value per share (the “Series A Preferred Shares”) shall be 850,000. Each Series A Preferred Shares shall automatically be converted into the number of shares of common stock of the corporation equal to the result of: (i) the number of shares of common stock of the corporation (the "Common Shares") issued and outstanding at the time of such conversion multiplied by 6; divided by (ii) the total number of Series A Preferred Shares issued and outstanding at the time of such vote (the “Conversion Ratio”) at any time at the option of the holders of a majority of the issued and outstanding Series A Preferred Shares.
Yes it said money will be comming in just as they did in december jr and we are still waiting hopefully this time they get it and we start to see true transparency and not give more prs that leave you guessing.