Max Media Group, Inc (MXMI)

[AlwaysClutch]

A couple of questions I suppose.

Why is there an announcement/effective date for the common shares but no announcement date for the Series "B" Convertible Preferred Stock? It just says that it is effective on October 26th? Furthermore, what are the Series B shares anyway? I don't know much about it or who holds them? And last one, what's an S-1 registration statement? Sorry for all the questions, and thanks for any additional info you can toss my way :)