Yes, preferred stock only, to use to completely control the common stock without shareholders input. How else would he be able to unilaterally increase the AS to 6,000,000,000?
Why would he offer 1,000,000,000 shares at $0.005 with a stock trading at $0.0005? Does he plan to recapitalize the commons via a reverse?
Watch what he does, not what he says...
"Videte Canes"
![](//investorshub.advfn.com/uimage/uploads/2016/9/24/zqmp[Vidates_Canes.png)