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Re: CatBirdSeat post# 454256

Tuesday, 03/27/2018 1:25:53 PM

Tuesday, March 27, 2018 1:25:53 PM

Post# of 797185
Basic business common sense tells me Commons are gonna take at least another 80% dilution hit in order to raise all the capital necessary.

This is a Restructuring folks. Read up on it. Capital structure matters. Preferred now, then switch to Commons later. It's really that easy, assuming Commons don't get cancelled out in the process.

Finance 101