other material
confidence high
sentiment neutral
materiality 0.70
Cannabis Sativa issues 12.6M shares via debt/preferred conversions; deferred shares pending
Dogecoin Cash, Inc.
- $1.42M of director/affiliate debt converted into 7.09M common shares at $0.20/share on June 29, 2022.
- Two affiliates converted 288,223 preferred shares into 5.48M common shares valued at $600,000.
- One director deferred conversion of 695,708 preferred shares into 1.39M common shares until share authorization increase.
- After all conversions, total common shares outstanding expected to rise from 44.9M to 46.3M.
- Issuances rely on Section 4(a)(2) exemption; no commissions paid.