The whole fiasco will result in the CEO dumping this to the trips well before anyone else, or actually filing an unaudited annual delisting to the pinks and making the restriction requirement a year. The audit itself on the preferred shares will not fly. The L2 had a 200 bid at $2 and 5,000 at .001. One conversion of a preferred share is what 100,000 shares X what? It will be a race to no bid with the CEO having a head start.
Deflecting from the information posted attacking motive shows weakness in debate.
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