Mar. 31 at 12:17 AM
$PSRU THE VOTING LOCK???
$PSRU 2025 Annual Report: More Questions than Answers.
Q5: CEO/CFO Xavier Mitchell holds 83.4% of Series B Preferred Stock. Each Series B share votes as 500 common shares. He cannot be outvoted. He cannot be removed. By anyone. Ever.
The par value of all Series B shares outstanding?
$5,000. Five thousand dollars buys permanent, irremovable control of a publicly traded company.
Which brings us to the only question that matters: given everything posted today —
$2,453 cash, unverified financials certified by a convicted felon, 25 billion shares needed that don't exist, and a voting structure that locks out every shareholder forever — why would anyone buy this stock? 🤡🎪