That was good but I think it is really based on 10,000,000 preferred shares that are going to be issued [ .25 per common share.] or 40,000,000 common shares.
So it looks to me like they have decreased the common shares by 25,000,000 shares now but will be converted to 40,000,000 shares later. Net increase of 15,000,000 more shares.
There have been 8,965,000 shares issued so far the rest are still to be issued. =1,035,000 still to be issued. TO WHO ,FOR WHAT, I DON'T KNOW BUT THEY WILL BE TO COMPLEAT THE 10,000,000 PREFERED SHARES THAT THEY HAVE APPROVED.
Who is going to get all this stock besides NPEC. |
