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Tuesday, August 16, 2011 10:27:22 AM
On November 13, 2007, our Board of Directors approved a new class of preferred stock, consisting of 150,000,000
shares with a par value of $0.001 per share, known as Class A Preferred Stock. The Preferred Stock has a dividend
and liquidation preference to our common stock, has two votes per share on all matters requiring a shareholder vote,
and each share is convertible into ten shares of our common stock at the election of the holder thereof. As of June 6,
2011, there are 80,787,426 shares of our Class A Preferred Stock issued and outstanding and held by eight
shareholders, three of which are our directors[color=red][/color].
I could say more, but I still can't post more than once per day about this fantastic stock
I will/may post about my frightening experience with wtwo staff when visiting wtwo headquaters a couple of years ago... it's a classic
imo aJJA
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