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Re: bucks2pennies post# 144041

Thursday, 09/10/2015 12:22:28 PM

Thursday, September 10, 2015 12:22:28 PM

Post# of 148335
It's not that simple. We are talking about DULY AUTHORIZED, ISSUED and OUTSTANDING shares in the company. wink

Forget the term "certs". They are SHARES of the company. They cannot simply be cancelled and ignored. The ONLY way to cancel those shares is to declare BK and cancel ALL shares, including the common. big smile

In the event of a bankruptcy, guess who is first in line for any liquidating dividend...... Yup, the Class C PREFERRED SHAREHOLDERS!

IM ROTFLMAO!!!!


Good DD IS NOT just reciting the PRs and company handouts and looking for the good. Those things are never hard to find.

Good DD IS finding out what the company and CEO do NOT want you to know.