no, sorry doesnt work like that.
@ any moment, they can convert there pref shares back into common @ any convertible rate they desire.
@ which point you will see the o/s back to 1.5 billion in a hurry with them in the control seat once more.
thats if they choose that pathway.
another one is they could dilute to 1.5 billion, r/s and then convert back into common an take 100% control again.
IN NO WAY AM I SAYEN THIS IS/WILL HAPPEN.
im just sayen what they can do if they wanted to.
this stock is starting to act exactly how enti did, an if it follows through this will break above .007 (@ which point i will sell, if not before .007) IMO
glta