its common sense (put your self in management shoes, why would you kill a stock by allowing billion of shares), he is right if you own ENTI you also own PTEL, i'm not sure how that will play out, but one thing I do know is that if you think all the shares will be converted all at once 6 months from when the issue the preferred, you are wrong my friend.
PTEL full reporting, the best SS anyone could ask for, and on top of everything a website that has got global attentions and is already producing money, with a 4 out of 10 Google ranking.. with that larger companies will start noticing and offering them buy out offers..
your preferred shares will be worth 10x the price, that is a underestimate....
(again for Google ranking download Google toolbar and add ranking its that simple.)
Twitter has a 10 out of 10 ranking ($10B, I would be happy with $500-1Billion buy out)
Report: Twitter nixed $10B Google buy-out offer | Austin Business ...
Apr 15, 2011 – Report: Twitter nixed $10B Google buy-out offer ... The website debuted four years ago at Austin's South by Southwest Interactive Festival. ...
www.bizjournals.com/.../report-twitter-turned-down-10b-offer.html