QASP's share structure makes no sense. We can finally agree upon something.
The idea that preferreds can enjoy majaority ownership, convert to numbers that can only be expressed using metaphysical equations, or can vote at all, (much less with the completely abusive voting rights that QASP's preferreds enjoy) are more than highly unusual. I'm no securities lawyer, but I think the case could be made that QASP's share structure is so abusive to the common investor that it could be ruled illegal. So again, I doubt the holders of those preferreds really want the saga brought out in testimony.
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