Convertible. 7.1. The Series A Preferred Stock are convertible, at any time and from time to time, all or any part of the Preferred Shares held by the Shareholder, and can be exchanged for a stated number of the company's Common Stock Shares.
Appears in 2 contracts
Sources: Share Cancellation/Exchange/Return to Treasury Agreement, Share Cancellation/Exchange/Return to Treasury Agreement (mCig, Inc.)