Digital Brand Media and Marketing Group Inc (DBMM)

[fung_derf]

Preferred Stock- Series 1 and 2
The designation of the Preferred Stock- Series 1 is as follows: Authorized 2,000,000 shares, par value of $0.001. One share of the Company’s Preferred
Stock- Series is convertible into 53.04 shares of the Company’s common stock, at the holder’s option and with the Company’s acquiescence, and has
three votes per share.

How does this not create enough shares for ANYONE to cover a short with?