Since You disagree, please produce copies of any non-traded, private share purchase agreement that was EVER registered with the Securities and Exchange Commission. There is NONE because non- publicly- traded stock... which is commonplace in American corporate structure... does not require SEC registration. Just like no stock in ANY privately held company is SEC-regulated. EVER.
IF THE Senior Preferred shares were never paid for by GOV, PLEASE EXPLAIN WHY NO PLAINTIFF IN ANY LAWSUIT has failed to pursue this reason to invalidate the SPSPA.