Like you say: Preferred is a Big Data Point and a
Post# of 22454
Preferred aren't required; Debentures could be used if needed.
If Preferred aren't required and they already have the power for RS if deemed necessary, why pursue Del Inc. at this point?
Can't a stock be uplisted from Nev? Why disrupt sh now w/that, when they'd be more apt to agree after they have a little profit showing?
Why not give a time limit of up to 3 months for news to bake in, (and any other contracts w/in that time span)?
If the sp rose above $3.25 for the required time and the run looked to stall, pull the RS then.
Compromises can be worked out, but we need information and willing parties first.