Sunday, May 21, 2017 11:29:01 AM
This gets to the difference between basic and diluted shares. The market will look at the diluted share count (factoring in the conversion of the preferred and any in the money options) to assess the FULLY DILUTED MARKET CAP AND ENTERPRISE VALUE.
I will leave it at that. If you still don't understand the difference, please read up on it. I won't waste my time any more. I've made my (valid) point.
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