Replies to post #61896 on GrowLife Inc (fka PHOT)

[Trained Monkey]

Turns out preferred shares are old news

Read my post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97275111


Turns out they have always had this power, and of the 10M A/S there are 0 O/S. Whatever powers they have will be determined by the BOD if/when ever issued. Could be as simple as having nonvoting rights or a preference in the dividend distribution.


GLTU

TM