The Preferred is not 100 billion shares! Check out the share structure in financial reports. It is 80 billion "votes", but the Preferred shares have no tradeable value! The 8,000,000 Preferred Series E, which is what THE CLOWN holds, are not convertible to common, but do entitle Bobo to have absolute voting control of KGET. A new CEO does not change the fact Bobo "THE CLOWN" Linton is still in charge!