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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc

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To: Edward Mamula who wrote (1005)1/1/1999 10:47:00 AM
From: chalu2   of 1702
 
I don't believe that such a vote is possible. In my experience, preferred share rights are contractual, and can only be revised by vote if that was provided for when the preferred was issued. I've fine tooth-combed everything ever said about the preferred, and there is no reference to the ability to vote to revise its terms. I don't think an attempt of the type you describe would be worth the lawsuits it would attract.
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