"33% and friends will vote his way any day." OH. That's not quite the same thing as saying <b>"The conversion to common stock will give CB control of the company."</b> "Now it is reported by none other than yourself..that CB can convert all at once..hmmm" That's old news. Try calling him, like I did. "Shares locke up from selling does not take away the right to vote." That's an assumption. His 144 shares may or may not have full voting rights. Just a little detail that needs to be verified - as so many details do.