With no conversion component on the Class C shares or voting listed in the last 10Q, the RS will have no effect on how they are in the order of priority for the capital structure.
I expect that after the RS, the board will then assign conversion and voting rights to the Class C shares.
110% doubt the guys on the other end are that honest. I see a total moron AH ceo and a back shit driver with may be 40-50% honesty running the business - they never will agree to do that.