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Re: retireat40 post# 3170

Friday, 02/16/2018 2:59:18 PM

Friday, February 16, 2018 2:59:18 PM

Post# of 176424
Looks like each I-2 preferred share converts to $1000 common stock at 85% of market price. So they get a 20% discount exchanging outstanding debenture for I-2 , then they get another 15% discount converting the preferred to commons, so yeah definitely would impact PPS, as you can see
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