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Re: XenaLives post# 716

Thursday, 06/26/2014 4:12:15 AM

Thursday, June 26, 2014 4:12:15 AM

Post# of 746
They had convertible debt from a prior offering that didn't mature until 2017. They came to terms with some of the debt holders to convert early since the stock was well in the money (they converted at 12.77). Not unusual in fact I am pretty sure they even did something similar many years ago my first time as a shareholder.