How Series C and Preferred Shares are used in OTC Companies.
No way to spin it!
NO NEW SHARES WERE ISSUED!
The Available share count was raised by 33%
The Previous Shares added Value!
Shell Company Issue Shares Reverse Split Merger Buyout A/S O/S Video below Check it Out!
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Previous Shares used for Asset Purchase
Hempwire deal & others
The APRU / RSHN deal should also add to the Bottom Line Asset value of LVVV starting this Quarter. This has not showed up before and with APRU leveling out down towards a real Value its a GREAT Sign and once some of the Convertible Debt (Old & New) is shaken out over the Next year or so it should start being a good asset for Livewire and Interesting on its own I would think.
Even the people who Own APRU Stock now know they are only in it Short to medium Term. and it's because they also know there is a Reverse Split coming and just like the Noteholders many of them will abandon ship as well. Only time will scrub this Asset and although some "Fluffy" PR's May be coming out I look for there not to be much in the way of earnings at APRU anytime soon.... Why in the Heck would they Entice Convertible Noteholders to stay? In any Takeover in control the Goal i to shake any other debt and increase value. If it works LONG term Investors will Profit if not it will just hang and wait for the next "Deal" where LVVV can Profit Another way... They have MANY Irons in the Fire! APRU will add lot's of Value once Managements plan comes full circle.
Buy LVVV Livewire Energy Chews Stock Commercial Funny Clown Video
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Wild Rides are the most fun sometimes!
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