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magness

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magness

Re: None

Monday, 11/09/2015 1:16:19 PM

Monday, November 09, 2015 1:16:19 PM

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worst case is ~20% dilution

and the company has the option to redeem the preferred stock and warrants at any time, which they said on the conference call if the cash flows from the El Dorado facility are what they expect, they should be able to redeem early. So not sure a 45%+ decline is warranted here
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