Turns out they have always had this power, and of the 10M A/S there are 0 O/S. Whatever powers they have will be determined by the BOD if/when ever issued. Could be as simple as having nonvoting rights or a preference in the dividend distribution.
GLTU
TM
See my bold titled posts for short summaries of all GrowLife's (PHOT's) recent PR's and 8k filings