Jack Grey is the sole shareholder of Grey's Garden Tools Inc. He owns one class of common shares which have a value of $200,000. Jack is approaching retirement age and would like his two key employees to take over his company someday. At this point in time, the employees do not have enough excess cash to buy Jack's shares. Which of the following statements is true with regard to a corporate reorganization that would allow the employees to take over the ownership of the company? A. A reorganization of share capital would allow Jack to convert his common shares to fixed value preferred shares, while also issuing nominal value common shares to his employees, resulting in an immediate tax consequence for Jack. B. A reorganization of share capital would allow Jack to convert his common shares to fixed value preferred shares, while also issuing nominal value common shares to his employees, resulting in an immediate tax consequence for the employees. C. A reorganization of share capital would allow Jack to convert his common shares to fixed value preferred shares, while also issuing nominal value common shares to his employees, resulting in an immediate tax consequence for the corporation. D. A reorganization of share capital would allow Jack to convert his common shares to fixed value preferred shares, while also issuing nominal value common shares to his employees, resulting in no immediate tax consequences.