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Re: munhoi post# 28774

Saturday, 01/23/2021 3:49:10 PM

Saturday, January 23, 2021 3:49:10 PM

Post# of 29021
I beg to differ

ie preferred have no voting rights ie no say in the company , they are like a silent partner in the company unless the company goes BK , and only then would the priority rules apply

since TEUFF is debt free they cant file BK so common shareholders still call the shots

that is how things work , the priority scheme can only occur thru a BK that cant happen due to zero debts of TEUFF