InvestorsHub Logo
Followers 135
Posts 13928
Boards Moderated 0
Alias Born 09/05/2013

Re: None

Thursday, 01/12/2017 4:36:51 PM

Thursday, January 12, 2017 4:36:51 PM

Post# of 107737
The purpose of the Series A Preferred shares is stated in the 8-k. Fantasy role playing is unnecessary:

The Series A Preferred has no dividend rights, no liquidation rights and no redemption rights, and was created primarily to be able to obtain a quorum and conduct business at shareholder meetings.

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11779668
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.