Wednesday, February 15, 2017 5:25:24 PM
I really can't say one way or another what they plan on doing with The Doheny Group's position. That's something the company will keep quiet until it's time to announce it.
I can only guess that they may flip them into a preferred position as well or, increase their current percentage of ownership from 9.99% to a percentage to reflect the same 1.69 million shares they already own.
For example, if they reduce the o/s by 50% to 8.45 million, TDG's position may increase to 19.98% based on the original 1.693 million shares they already own and won't receive any additional shares.
Then again they may have something completely different planned. We just have to wait and see.
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