Do you disagree it's factual that MTRT would have to authorize enough shares to allow preferred shares to exist, assuming a conversion feature might/perhaps be attached to the preferred shares? (Which we won't know until finalized?)
And if at that time we learn a conversion feature is attached to the 5,000,000 proposed preferred shares, would that guarantee at least a portion of the A/S would not be available for issuing commons? (Unless they increased the A/S yet again?)
Please, I'm interested in learning what you know about this matter.
Thanks.