Zenosense, Inc (fka ZENO) (ZENO)

[janice shell]

The perps didn't buy preferred shares. They wanted to be able to sell what they did buy quickly:

Having artificially inflated the share prices of the relevant issuers' stock, JULIUS CSURGO... and ANTHONY KORCULANIC... the defendants, and others known and unknown, profited from the scheme by selling the shares they controlled into the market at these artificially high prices. By selling these shares while the share price was artificially inflated through their manipulative activity, the Group reaped millions of dollars in illicit profits. Once the Group had sold off their shares and ceased the stock promotion campaign and their manipulative trading tactics, the share price typically quickly dropped precipitously.

https://www.justice.gov/usao-sdny/press-release/file/1494591/download