The preferred shares will be owned by the parent company who are considered control block affiliates.
They cannot dump, PERIOD!
If they were to decide to sell they would have to file an SEC Form 4 and 12-G stating how much they would look to sell over a 90 day period. Then they would be subjected to selling restrictions of 1% of the previous weeks trading volume over a 7 day period.
A good education will always save people from misinformation and looking stupid.
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