Banneker Inc. (BANI)

[pezzhead]

What e trade told me was that anti-dilutionary can protect you from an RS in the letter from bani there is 2 things they say for cert holders
This is from bani.
The benefits of being a registered shareholder are many but the most important is that you have you actually have a vested interest with the company. After August 27, 2010 the Board of Directors will be having a meeting on how best to benefit our new shareholders and will be offering one of two options. One: the possibility of anti- dilutionary shares. Two: the option of a onetime up conversion to preferred stock which has its own benefits in itself. These actions have not yet been decided.

I dont know if this means they will be doing a RS or what it means.

preferred stock is a higher stock grade if 2 people where selling stock one with preferred stock and one with reg stock the preferred stock would be sold first hope this helps thanks pezz