InvestorsHub Logo
Followers 44
Posts 6141
Boards Moderated 0
Alias Born 09/08/2010

Re: damit post# 88545

Monday, 10/20/2014 4:04:50 PM

Monday, October 20, 2014 4:04:50 PM

Post# of 112299
That is correct. They did that for voting rights, as each of those shares represents 1000 voting shares. Those shares convert 1 for 1 into common shares. So, if you want to say they won those shares I can agree. Not sure though whether they RS'ed those also.....into 20K shares.