InvestorsHub Logo
Followers 4
Posts 1787
Boards Moderated 0
Alias Born 11/23/2005

Re: None

Saturday, 09/02/2006 2:23:44 PM

Saturday, September 02, 2006 2:23:44 PM

Post# of 315345
Pr is not a typo

If you have 1 common share you get 10,000 preferred shares - they will be free trading and not restricted.

The preferred shares will trade on there own as a seperate stock with a seperate symbol.

It does not dilute the common as they do not have voting rights.