QED Connect Inc (QEDN)

[Greed Kills]

That's cool but preferred stock doesn't have any voting rights (it is preferred to common stock at liquidation) and it generally has higher dividends. So the preferred stock is irrelevant to voting.

The comment about 68.2% of common stocks will be issued in the future to the Bahnsen Trust has been in the last three Quarterly Reports. The shareholders would have had to approve this and secondly it hasn't happened.

If 68.2% of common stocks were issued to the Bahnsen Trust it would have been restricted stock. We know no restricted stock was issued because the restricted stock stayed the same. We also know no shares were issued to the Bahnsen Trust because the filings say the were issued to GPL Ventures, Grandview Capital (Raymond Purdon) and Tangiers.

Lastly, even if the Bahnsen did have 68.2% the massive dilution it did back in March through June brought their ownership percentage down below 50%. Remember, the doubled the outstanding shares from 750,000,000 to 1.5 Billion.

Dilution is a bitch.