Posted On: 11/13/2014 5:20:53 PM
Post# of 39368
What you do is offer .05/sh on one million of your common shares and company gives you 10,000 preferred shares worth a fixed $50,000. The common shares that you just converted are returned to the company treasury. The preferred shares are restricted for one year but pays you 5%annual dividend distributed quarterly.... Just an example... What do you think?
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