TempePhil Wednesday, 03/20/19 09:36:42 AM Re: FitzyP33 post# 185888 Post # of 245705 Fitzy, agreed the purpose of the preferreds was not well defined. So I called investor relations and asked them about that. They said it was for takeover protection. They were quite open and willing to discuss the preferreds. Why dont you call and get more details? I just got the basic info. I think after IR has discussed the reason for the preferreds, the company would be in legal trouble if they actually tried to use them for the more cynical uses that have been suggested.