As I believe.. some time back Conor Flannery bought 5000 shares of series D preferred stock which gave him 30,000 votes per share= 150,000 voting rights. Rumors have circulated that he pd $75,000.00 for the preferred stock. With that purchase he took over controlling interest in the company on any decision that require shareholder approval since his 150,000 votes for or against any proposal would be the majority. He would have to OK any further R/S or increasing the A/S which now is 180,000 shares..150,000 common and 30,000 preferred shares. Anyone or any entity can buy up the common shares but they would still have to deal with him since he owns the preferred stock!
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