This is from last years april 8k
"The holders of the Company’s common stock, par value $0.001 per share (“Common Stock”) and Series A Convertible Preferred Stock, par value $0.001 per share (“Series A Preferred Stock” and, together with Series C Preferred Stock and Series B Preferred Stock, the “Preferred Stock”), did not receive any consideration in the Merger. Additionally, each Company option or warrant outstanding immediately prior to the Effective Time, whether or not then vested and exercisable, was cancelled without the receipt of any consideration"