Flexpower Inc. (FLXP)

[mhallb]

My only concern is that if they were convertible. Each share could be traded in for a predetermined number of common shares.

"Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date."

However the writeup when they were issued states this,
"Importantly, while these shares carry multiple votes, they do not carry any additional financial advantages in the case of distributions to shareholders, such as cash dividends" which leads us to believe they aren't convertible.

Notice again the vagueness and they didn't mention what type preferred shares they were. Only that they wouldn't have dividend advantages.