Hydrogen Future Corp. (fka HFCO)

[john_nelson012]

I think you misread. Only Frank & Bob are allowed to have preferred HFCO shares. That's one reason why FINRA isn't letting HFCO go through with the RS - shareholder value (commons) gets destroyed, while management rakes in big money. So, they're trying to move the RS over to ARSC now. To get on FINRA's good side, they filed some financial info from 2010 in 2014.

I hope you're not considering making a serious investment in ARSC. Net income in 2010 was 2452 (http://www.otcmarkets.com/stock/ARSC/financials). The way a business works is first you raise capital (financing), try to break even, and eventually (if you're lucky) go profitable. The majority of penny plays never make it past the financing stage; hence, they keep on diluting to pay down their liabilities. Management takes their cut, while shareholders foot the bill.