InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,599.60
(
1.04%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.43
(
-0.06%
)
Bitcoin
63,211.05
(
0.07%
)
Post# of 1666
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

ErnieBilco

Send PM Follow Ignore
Followers 427
Posts 26003
Boards Moderated 6
Alias Born 09/26/2009

ErnieBilco

Member Level

Re: None

Thursday, 08/16/2018 10:06:33 AM

Thursday, August 16, 2018 10:06:33 AM

Post# of 1666
Hummmm. If I own 6% Convertible Preferred depository shares equal to 1/100th of a $10K CPS how it is handled in a BK? Does it get treated as a "Liquidation"? The reason I ask is that I found this info which indicates it has a $100 per depository share "Liquidation preference" value.

The Series A Convertible Preferred Stock has a liquidation preference of $10,000 per share, which equates to $100.00 per depository share.

You bought what?Really?

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up