Seaniemac International Ltd (fka BETS)

[Drugdoctor]

The preferreds are the BEST thing for COPI sharesholders that could possibly happen and I see you missed posting the part about convertible into RESTRICTED shares... But bashers always seem to miss that point, lol..so I will post it for you now..

Each of the shares of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock are convertible, at any time, into 100 restricted shares of the common stock, par value $.001 per share (the “Common Stock”), of the Corporation (subject to adjustment). There were no underwriters or other brokers, agents or finders utilized by the Corporation, nor did the Corporation incur any underwriting discounts or commissions or similar fees, in connection with the sale of such shares of Serial Preferred Stock.



http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001144204%2D07%2D069689%2Etxt&FilePath=%5C2007%5C12%5C31%5C&CoName=COMPLIANCE+SYSTEMS+CORP&FormType=8%2DK&RcvdDate=12%2F31%2F2007&pdf=




And this was done to get rid of Cornell dilution...

Now, since the INSIDERS hold common RESTRICTED shares... Why do you think they would want to start hurting the common shares again?

Sorry bud, that's not going to scare anyone here, lol!