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Re: nonewname1 post# 793

Friday, 02/02/2018 1:21:44 PM

Friday, February 02, 2018 1:21:44 PM

Post# of 5322
no, dilution can occur on either. it's up to the note holder. once the shares are converted, they are sold. the preferreds are first exchanged for commons and then sold. they have to enter orders like everybody else. so, if they want, they can sit the ask or they can dump on the bid.