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Imagineer66

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Imagineer66

Re: Ed Dantes post# 1479

Tuesday, 10/11/2016 12:53:01 PM

Tuesday, October 11, 2016 12:53:01 PM

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Ed, P's don't get their par back and then commons. They are "Preferred" which means that in any distribution, their stated distribution ($0.178 per share per month) must be paid first, then commons. Their PPS is in no way guaranteed at a higher price over commons.
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