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Re: slingwing1 post# 106085

Tuesday, 06/14/2016 1:41:57 PM

Tuesday, June 14, 2016 1:41:57 PM

Post# of 107227

There is a lot of double talk in the 8K to confuse the traders. Shares will be entitled to the holders of record on the record date. They will be issued after the lawsuit settlement because Next has no clue if they will win the lawsuit.

Reread the 8-K, slingwing1....

1. You said, "...will be issued after the lawsuit settlement...", but the 8-K states, "Certificates for the Class D will not have a CUSIP number, will specify the name of the beneficial owner of such shares and will be mailed directly to such beneficial owner soon after the record date."...not after the case settlement, but soon after 28-Jun-16.

2. What the 8-K did say about after the settlement, was that "The Class D Preferred Stock must be redeemed within six months..."

All should reread the 8-K to avoid confusion.

IMHO.....Louinjaxxx

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