USA Technologies Inc (USAT)

[Enterprising Investor]

Board cannot force conversion of Series A Convertible Preferred.

[E]ach share of series A convertible preferred stock was convertible into 0.1940 of a share of common stock at the option of the holder and is subject to further adjustment as provided in our articles of incorporation. The unpaid and cumulative dividends on the series A convertible preferred stock are convertible into shares of our common stock at the rate of $1,000 per share at the option of the holder.

I will be waiting for cash.