They used to hold enough, not anymore...Even tho' Barry has 1B votes thru his D's, that ain't enough anymore since they blew out the OS....
Members of our management beneficially own shares of our common stock and preferred stock, and intend to submit their consents in favor of the Proposal. As a result, we expect that we will receive consents in favor of the Proposal with respect to (i) 367,937 shares of common stock issued and outstanding, representing approximately 0.01% of the total voting power of the shareholders; (ii) 200,000 shares of Series A Preferred issued and outstanding, representing approximately 0.6% of the total voting power of the shareholders; (iii) 1,250,000 shares of Series B Preferred issued and outstanding, representing approximately 3.6% of the total voting power of the shareholders; (iv) 857,593 shares of Series C Preferred issued and outstanding, representing approximately 2.5% of the total voting power of the shareholders; and (v) 100,000 shares of Series D Preferred issued and outstanding, representing approximately 28.6% of the total voting power of the shareholders, in each case as of the Record Date, held, directly and/or beneficially, as of the Record Date by our officers and board of directors.
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