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postmeridiem

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postmeridiem

Re: Equitiesduke post# 2417

Friday, 07/14/2017 11:25:08 AM

Friday, July 14, 2017 11:25:08 AM

Post# of 3072
When it was issued in 2015, the FTRPR shares were convertible at any time at the holder's option to 17 and a fraction shares of FTR common stock. Are you saying I can buy 1000 shares of FTRPR for approximately $25,000 and immediately convert them to 17,000 shares of FTR worth approximately $250,000 at today's price?

Quite a deal if correct.
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