DD Support Board and Research Team

[janice shell]

Oh, I see. Or I think I do; that PR isn't very well written. Are they saying that the preferred holders are objecting because some convertible note holders converted their notes and sold the resulting common stock into the market?

If so, I think they're trying to close the barn door after the cows have escaped. Once a company issues stock, it cannot cancel it unilaterally. Perhaps those Class A preferred holders should have been consulted--without knowing the share structure and the specifics of the Class A designation it's hard to say--but I don't believe any judge would order the cancellation of stock that had been sold into the market.