"There are no liquidation rights or preferences to Series A, preferred stock holders as compared to any other class of stock."
that comes from the issuance of the preferred shares.
How could they treat the preferred's differently?
Until its in writing from the company, all this talk about the preferreds not being split is just talk. Conversations with CB or JC means nothing really. needs to be in writing.
They had their chance to own this company when it was a penny a share.
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