Replies to post #15904 on Cyclone Power Technologies, Inc. (fka CYPW)

[arnold]

The Series B Preferred is held by the Company’s executive
management and founders – Mr. Schoell and Ms. Fruge. The
Series B Preferred is a super-majority stock, whereby its holders
collectively will be able to cast votes equal to 51% of all shares of
Common Stock issued and outstanding and able to vote in matters
brought before the shareholders of the Company. The Series B
Preferred, in essence, provides the Company’s executive
management with control over the voting matters brought before
the shareholders of the Company, and could serve to delay, defer
or prevent a change in control of the Company. In the instance of
a liquidating event – winding-up, merger or acquisition of the
Company, the shares of Series B Preferred will convert to Common
Stock on a one-for-one basis.

[ctb]

"cbt.. I am sure now that I brought the 46 million share conversion of the Series A stock to your attention."

cbt? Well anyways, Arnold, we haven't been able to have a healthy dialogue on this board since my doctor put me on a very strict, um, what he calls a "Tiananmen Diet" - he's such a joker! - so you probably won't hear a lot from me on this issue of conversions and whatnot.

Being a shareholder in this company, you can be sure that I am very concerned about all this and like many here spend sleepless nights tossing and turning on this issue. 46 million! Whatever shall we do, fellow shareholders? CYPW does appear to be in dire straits if this awful conversion is up and padding about.

Thanks for bringing it to our collective attention again, Arnold! Now I probably won't be able to get right back to our conversation, but I'll be checking in frequently.

Thanks loads! And GOOOOOOOOOOOO CYPW! We have a winner here Arnold!