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Re: Ubertino post# 1513

Tuesday, 10/10/2017 11:14:10 PM

Tuesday, October 10, 2017 11:14:10 PM

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Debt holders (preferreds) are owed a specific amount of money that matures in 2024. The amount prefs are due is a fraction of what will be payable through the milestone and commercialization payments. Hence if there is any payout, even just a development milestone payment, the amount will far exceed what prefs are owed and commons will be completely in the money.
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