roach,
No decoder ring needed, it is in there:
"4,000,000 shares of preferred stock were issued as partial consideration for the purchase of assets from Triad Energy
Corporation and certain of its affiliates. The shares of preferred stock issued were valued at $15,000,000 in the
purchase agreement."
Just scanning the news, looks like the purchase of Triad for 81 million included these prefered shares.
Regards,
Fizzlegig