Yeah, agreed, I don't really think the core premise is that deceptive.
I will say though one trick I've seen (I should write about this) is multiplying your common stock through by the latest price of the preferred stock and presenting this as the "current value" of your equity offer. Your common stock is not worth as much as the preferred stock.
I will say though one trick I've seen (I should write about this) is multiplying your common stock through by the latest price of the preferred stock and presenting this as the "current value" of your equity offer. Your common stock is not worth as much as the preferred stock.