Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | NONE | Common Stock | 30M | Feb 28, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | NONE | Series A Convertible Preferred Stock | Feb 28, 2022 | Common Stock | 50M | $0.01 | Direct | F1 |
Id | Content |
---|---|
F1 | Mr. Herzog owns 5,000,000 shares of Series A Preferred Stock. Each share of Series A Preferred Stock may be converted at the owner's discretion at a price of $0.01 per preferred share into ten shares of common stock. The total cost to convert all 5,000,000 shares of Series A Preferred Stock into 50,000,000 common shares is $50,000. Each share of Series A Preferred Stock has voting rights of ten votes per share and is not entitled to receive dividends. |