so what's the definition of his preferred? one for one? more/less on the conversion?
"As of March 29, 2012 there are 50,000 issued and outstanding shares of the Company's Series A Preferred Stock, owned by the Company's CEO, Michael Franklin, and 28,195,298 issued and outstanding shares of the Company's Common Stock. The Company's transfer agent reports of the issued and outstanding shares of Common Stock, 7,164,999 are free trading and 21,030,299 bear a restrictive legend."
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