I agree. I alo think that if Stratus needs money for pro elite they would take it from Stratus shares. If they Diluted Stratus 1 million shares that could bring 1-2 million for them easy.....do the math with pro shares lol....NOT MUCH lol.
The upside PELE stock out weighs the down side 10,000 shares at .02 = $200 ......that $200 could become nothing if rode to the ground floor....or possibly thousands of dollars in the future.
I am am not concerned with this and i have no problem with it. It will have a small effect if any on the stock. I was just pointing it out. thats all. anyways all i care about is pele, and pele shares seem to be protected with cbs owning a large amount. I dont think cbs will allow the company to mess with the share structure.
How the perferred stock is issued to chuck really doesn't matter to me. i was just falling back on past experience on how this all works. i dont want to get anyone's buns in a twist.
I surely was not trying to say anything negative about the company. All i care about is a $3 pele share price.. ya baby
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