two points on SS/ common can be protected by preferred or preferred's.
the preferreds are use to show less dilution for common stock.
those mean that someone, more than one person cannot buy enough to takeover, preferred used for control purposes.
'Quasar Aerospace (QASP)' PREFERRED HAS NEVER been converted AS OF TODAY/03-05-14.
all one has to do is look at the filings to see those preferreds are still the same!
ASSESSTMENT TO 'Quasar Aerospace (QASP)' STRONG HAND HOLD.
QASP A/S 2,500,000,000 O/S 383,949,889 FLOAT 357,949,889
As of 09/30/13