If the preferreds have indeed been retired, then Safadi doesn't control a majority of votes. This means that actions such as splits or other modifications to the company's corporate structure cannot be made without a properly proxied vote of the shareholders at an annual meeting.
I didn't realize there WAS a question about the preferreds LOL, other than the one you keep insisting on. They are not registered.
You and the other hiajckers here keep on inventing reasons why the SEC should be interested in this stock. I am sure you have done your part to bring these matters to their attention.
And I am going to leave this to Safadi. It won't be long now until we know the direction of this thing.
You have a question, use the phone. It's interesting that you won't.