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katekir1234

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katekir1234

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Friday, 02/10/2017 7:17:28 AM

Friday, February 10, 2017 7:17:28 AM

Post# of 729211
Regarding Pref's capped or uncapped:TPS didn' agree with 70%-30% split between pref -commons.But after some mediation they agreed tot a split of 75-25%.So with the raise from 70 to 75% they agreed to the plan.So why would they do that when -in the end- they get the same amount of money as when it was 70-30%??Only possible reason would be they know only a small amount of money is coming to equity or they got wrong info at the mediation.
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