Toxic convertables that drive the price to .0001 Then reverse split and start again has been this companies business model for many years. Prefferred shareholders don't care about the commen stock shareholder, except that they want to make sure that there are buyers all the way down, so they PUMP it with news so the debt converters can sell more.
This company has scammed shareholder for years.
The company has been directly involved in the PUMP and DUMPS.