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Post# of 798104
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jeddiemack

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jeddiemack

Re: Zargis post# 223241

Friday, 06/06/2014 10:41:44 PM

Friday, June 06, 2014 10:41:44 PM

Post# of 798104
I believe I read where the preferreds were not "cummulative" so there would be no back divi payable. They would need to be paid before commons.

However,

I would expect these two to spend a year or so building capital rather than returning capital to shareholders.

Its just more prudent that way.

Anything north of $125 would be very good. $325 would be magical.



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