NaturalShrimp Inc (SHMP)

[WebSlinger]

<< The NSH shares were exchanged by the SHMP insiders on behalf of the former NSH shareholders. Then the SHMP insiders tried to screw the Series A holder, Mr. Shover in particular, for refusing to let them do what is clearly spelled out in the terms of the Series A shares: exchange them for as many common shares as are outstanding at the time of conversion. >>

The only way to exchange the shares was if a majority voted for that option. It looks like Mr. Shover isn't a "majority".

"The Series A Preferred Stock is convertible, after two years from the date of issuance, with the consent of a majority of the Series A Preferred Stockholders, into the same number of shares of common stock of the Company as are outstanding at the time."