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Friday, 04/18/2014 2:48:36 PM

Friday, April 18, 2014 2:48:36 PM

Post# of 326338
How does one "ACQUIRE" Preferred C shares?? I can't seem to find any links as to how they were GIVEN to the other hedge funds from Laura, BOD'S, or YA themselves. They are the group that is really sticking it to the common shareholders. Need to ask the Sec of State of Delaware how and why, and where do these class of shares come from? They are the ones that voted over the wishes of the common shareholder for the reverse merger.

Pursuant to each such holder’s decision to vote up to only the 9.99% limitation on stock ownership for shares of Series C Preferred Stock as set forth in its Certificate of Designation, the Series C Preferred Stockholders were deemed to have voted in the aggregate 69.93% of the votes, a majority of the outstanding voting power.