Laughing my butt off on how you made a positive out of a negative.I never thought of it that way.You sure you not a used car salesman lol.
The real problem I see is future funding cause who in there right mind even the wealthy is going to buy preferred shares at .10 cents when the pps is well below % wise unless you get a lot more in the number of shares.I sure would not.
The CEO is now backed way into a corner imo on any future funding and who know it may have been a planned event by certain major hitters.