Feelin' a little better about myself now

Looks like I have something in common with Prince William: We both have braces.

I've got more hair though ;) (For now!)

You are joking, right?

I've been voting my shares for the AGM of a company I have stock in, and one of the proposals was the creation of 'Class A Preferred Shares' to supplement the common shares (now worth 57 cents Canadian each). Among the highlights of the proposal are:

As market and economic conditions vary from time to time [no s--t, Sherlock!], the Board is proposing that the Company be authorized to issue Class A Preferred Shares which would be issued in series, the rights, privileges, restrictions, and conditions of each series would be determined by the Board.

[Nice run-on sentence, but it gets better]

The Class A Preferred Shares will rank ahead of the Common Shares with respect to the payment of dividends and the distribution of assets of the Company in the event of liquidation, dissolution, or winding up of the Company, whether voluntary or involuntary.

So not only do they want my permission to print themselves more money, they want to jump the queue if the company goes bust and the assets are being liquidated?

I don't think so!