This goes back to my original question as to why they need me to perpetuate their scam? I don't think the $104 is a good enough scam. The three companies combined don't have 1000 people holding preferred. That is only $104K. If the price drops right away as some predict, it will cost less not to even send in the preferred and just keep the $104 in ones pocket. If it costs $104 to get say $200 well then it is still more than I had. And closer to recovering my initial money that I lost.. No if there is a scam it must be something else. IMO.