Replies to post #13010 on Viratech Corp. (VIRA)

[DoubleDeuce]

Link to that info please.......

[lobogotti]

People should really pay attention to this post and demand answers from management. This isn't a positive note for the stock.

I appreciate the info and trust the source. Thanks Low.

Posted by: Lownumba
In reply to: rkor who wrote msg# 12663 Date:6/6/2006 7:19:04 AM
Post #of 13003

Yes, there are preferred shares. IPRE Chairman Kenneth Eade holds 1,000,000 of them. Each preferred share holds conversion rights and voting rights of 100,000 to one.

Do the math. That is a large number.

[IPRE-Paramount]

Pref. shares won't convert as long as Managers are fair, and
don't want to lose for Good their credibility.