What's the effect of doubling the number of shares from 10 mil to 20 mil?
Does it have the same effect on the stock price as common share dilution?
Ok, thanks for your answers.
Allows them to raise cash by selling the preferred, vs an SPO for common.
Thanks for the answer. I have been waiting for the spo ann and this accomplishes the goal
Doubling of the preferred stock shares, not the common stock shares