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Re: Value_Investor post# 33155

Wednesday, 07/16/2014 7:31:10 PM

Wednesday, July 16, 2014 7:31:10 PM

Post# of 53309
I purchased my Preferred E shares back in March of 2013. My preferred shares were convertible in March of 2014 and elected not to convert at that time. .0006 would only net $30,000 for 500 shares of preferred and $60,000 for 1,000 shares of preferred.

If you refer to the link I previously posted it outlines how they will issue more shares within a 30 day period if the conversion results in less than available common shares.