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Sunday, December 02, 2012 10:13:57 AM
1 share of preferred can convert to 10,000 common shares and does have 10,000 votes too.
That's how insiders/noteholders/consultants control the vote and approve whatever they want to continue the scam of RIGH and most other scam public "companies" like RIGH do it the same way, preferred shares.
That info. is in the disclosure statement to OTCmarkets for anybody that wants to read it to confirm the truth.
RIGH is going the same way as all other scams, promoted from .0001 with a "new company, new CEO and a new business plan" up to ? and then it falls back to what it started at before the promotions because investors realize that it's still a scam and quit listening to the promoters that proclaim, "make the shorts pay, slap the ask."
Of course that info. is apocryphal and while they're saying "slap the ask" the insiders/noteholders and the promoters are selling their shares.
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