Replies to post #894 on SStartrade Tech Inc. (SSTT)

[the black mask]

What Does Series A Financing Mean?

The first round of financing undergone for a new business venture after seed capital. Generally, this is the first time that company ownership is offered to external investors. Series A financing, may be provided in the form of preferred stock, and may offer anti-dilution provisions in the event that further financing through preferred or common stock occurs in the future.

Also known as "A round" or "A round financing".

http://www.investopedia.com/terms/s/seriesa.asp

[hondaboost]

Normally, preferred shares can be converted into commons at 10 to 1000 ratios: that means it's much Worse than the commons themselves,

So, it's expecting 2 Billion x 10 - 1000 = commons!

SMHS, diluting machine.

Called the company, never got answered!!!