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Re: loanranger post# 47076

Thursday, 08/17/2017 5:37:57 PM

Thursday, August 17, 2017 5:37:57 PM

Post# of 97078
"Why would an investor buy Preferred shares, at a 50% premium, that appear to offer no benefit other than a conversion feature (no dividend?...no voting rights privilege?."

Exactly! No sane person would invest in a pink sheet, having no opportunity to sell for 3 years if there wasn't something more to the deal

Many things about this POS entertain me. I do like that the shares were issued in the June 30 quarter, yet as of the filing this week, they were still waiting for the payment to be transferred which was coming supposedly in 10 days. It's a month and a half after June 30 now!!!!! wink