In this letter of the original offer it mentions Preferred Series C - and the conversion ratio is 1000:1 (It does say UPDATED on the 141 Cap web site) <a href="http://www.141capital.com/pdfs/Offer%20to%20Exchange%20Common%20Stock.pdf" rel="nofollow" target="_blank">http://www.141capital.com/pdfs/Offer%20to%20Exchange%20Common%20Stock.pdf</a>