I'm confused as well. 40 post since Feb 2018, 12 post this CY on two boards with multiple duplicate post's to each board. Your math is wrong in multiple area's but I'm sure you are smart enough to figure out the mistakes. Now I'll let you clarify what each preferred share type is used for and the limitation of such shares agreed upon by shareholders based on stock value at given time. Seeing you have been a member since 2018, please inform me of what I am missing as I am a first time caller first time listener. Thanks in advance for the years of knowledge, I hope it benefits me and all other investors in the years moving forward. I am not bashing your post just rather you provide more information on my lack of knowledge, so I can receive and unbiased opinion in return. I must respect the knowledge of those before me IMO, even if I don't agree.