Okay....It's time to rally the troops. I have re-submitted my entry from 2016 to rescind the entire preferred stock offering that continues to sit on the shelf. That offering is NOT in the best interest of the common stock shareholder. Look at management's own wording in the latest 10-K and S-1. It is dilutive. It can hamper voting rights. It can thwart a potential suitor. Need I say more? You can read the verbatim quotes when the prospectus arrives. Watch out for double negatives in the wording. We are voting TO RESCIND the preferred stock offering.
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