Otcbargains Daytrading Accountability Board

[RNsidersbuying]

Do you think they will convert now and pay effectly $3.00 per share and loose thier right as sr. to common shareholders.. ..??

You really think they won't?! Their other option is to convert one-for-one to common -

CLASS A PREFERRED STOCK: Class A preferred stock has a stated value of $3 per share. Holders of the Class A preferred stock are entitled to receive a common stock dividend of 13% of the outstanding Class A shares on an annual basis based on a value of $3 per share. The Class A preferred stock is convertible into common stock at a conversion ratio of one preferred share for one common share.

CLASS B PREFERRED STOCK: Class B preferred stock has a stated value of $3 per share. Holders of the Class B preferred stock are entitled to receive a common stock dividend of 6% of the outstanding Class B shares on an annual basis based on a value of $3 per share. The Class B preferred stock is convertible into common stock at a conversion ratio of one preferred share for one common share.

You didn't answer my question about your reference to "SKAS stuckholders" - are you going 4 + years back?