Next year FTR will issue 20 shares to anyone holding one share of FTRPR. No typo, ask them 20 for 1. After the reverse split next week, number of common will drop of course, so PPS goes UP! So do the math,..even Cramer at The Street is buying FTRPR, and so have we. As long as the common price is below 5. the offer is 20 for one. Number of shares of common given will vary with common price at the time of the offer next year. GL.
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