I like the Jefferson's allusion, but your rants are getting less and less coherant. "Ask anyone who has had a judge decide their divorce settlement? You make it really hard to connect the dots.
Well, why don't we see if that CEO ever converts those preferreds. Don't hold your breath waiting on that conversion. And you should try and present all the facts as to why he received those preferreds...he did retire 300,000,000 of his own common stock at the time.