That doesn’t make sense. Maybe you heard it wrong. If he said dissuade, it would make much more sense.
Or
If he meant persuade, it could mean a potential buyer. Said. Listen. We’ll buy you out if we can have the type of flexibility that comes with the blank check preferreds. Which means we can do whatever we want, whenever we want without shareholders approval.
But it still doesn’t line up with Missling’s MO over the years.
Anyway. I don’t think the schlub making cold calls would be privy to that kind of info. If he said that and was, he may face some consequences.