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Re: S2focus post# 8881

Saturday, 01/20/2018 2:47:30 PM

Saturday, January 20, 2018 2:47:30 PM

Post# of 51534
They would only "retire" them as in exchanging them for Preferred Shares, which would not only maintain their voting control of the company (Preferred shares have more voting rights than Common), but would also be exchangeable back into common shares of the company, based on a prescribed formula with accompanying conditions.