I read the depo Joe sure doesn't have much to back up his postition but I think so. It clear Jeff was made CEO Sept 2010 and at the time 50% of BOD but Joe seems to think we had one bd member lol. I still see no were in that depo that proves preferred share could vote or were ever made valid. Joe's understanding does make them valid. That is like saying I didn't read the fine print but I know what deal was. Seems the preferred shares were never officially made valid. Seems none of actions taken to remove jeff were either. It is funny he says Jeff was not acting in our best interest. So how is diluting us into the gorund again like Dean in shareholders best interest. Everything Joe has done is not in our best interest. Look at stock price since he started this fight.