Ur exactly right.. You don't continue to grow a company if you plan to take the nearest exit.. Preferred stock is what it is.. That's how they get paid as far as dividends but it's probably the least profitable road to take unless ur forsee a bankruptcy but by no means do you go after a preferred stock.. Bonds is the best route to go because you get paid first before liquidation on the event of bankruptcy.. Plus preferred is interest rate sensitive.. Yes you generally get that amount of shares to avoid a take over... Bills still have to be paid and salaries.. Fact is its his company and if wants to get paid then he gets paid.. I don't see someone going thru this much trouble to say OK I'm done I've made a mediocre amount of money now it's time to stop.. It's growing and that's a major plus oppose to other penny stock companies.. This is water with a big advantage... Local water Companies are facing a lot if heat for the quality of water and causing people to question what they are drinking.. On top of that alot of junk bottle waters.. Avia.. nestle. Aquafina.. Etc...have been called out on their quality.. I haven't seen one negative post on here about this company to be true.. From the disgruntled employee on a first name basis that said Robert needed 2600 for labels lol to the non existent shrimp Co...reverse split that was gonna happen over a month ago.. What is true is a falling stock but we are not alone in this and with social media fueling this company with growth it doesn't surprise me it's down.. Just as it went down it can bounce back with some good news..
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