have you considered that noch's tweet about a special shareholder meeting has already been discussed with ritchie and that ritchie may plan to hand over control of the company to noch? huh? can you imagine how big that would be for ritchie? he would actually get something out of this shell for a change. perhaps the two of them have already agreed to the change and the special meeting noch is calling is already planned between the two of them. many surprises seem to lie ahead here. anyway. those are my thoughts. noch is not here for kicks. that's for sure. iflm is about to be a serious penny runner soon i think.
Those preferred shares are 100% worthless and cant be converted/sold... and for this reason I expect them to be canceled one day in favor of getting a new person to take over the shell, making all the insiders more money with less shares than they ever could by being greedy and holding onto a worthless shell.