Yeah good Plan R/S the preferred shares then get a chance of a BUYOUT / TAKEOVER by a competitor or another company that will most likely wipe the longterm shareholders out 100% *sigh*
LOL, that makes no sense. Prior to the split and post split, the Lemon crew could agree to any buyout off they want, regardless of how it impacts the common shareholder.
Just post split, the Lemon crew get 80%+ of buyout proceeds.
But I don't think that is a worry, as no one wants a money losing company that sell defective products, run by a defective wanna be ceo.