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Friday, September 05, 2014 2:28:05 AM
The scope, and intent, of the preferred e shares are to be anti-dilutiv. The bylaws for series e preferred shares even use the example of 1 preferred share for 100,000 common shares. Changing of the par value based on the scope of issuing preferred e shares would be in conflict with their intent.
The transfer agent is Securities Transfer Corporation at 469 633-0101. Ask for Marilyn. She will be able to help you.
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