Preferred Stock should be at least 550 million
The Officers of RIGH have decided to exchange their shares of Common stock for Preferred stock to ease investors' minds that they may be selling their shares into the market. "Management is focused on building strong shareholder value and letting the shareholders know we are in it for the long haul," stated Gene Caiazzo, President.
This reduction will reduce the Outstanding shares of the company's Common stock to 550,000,000 from currently over 1 billion.
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