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Re: yuanxi617 post# 87

Thursday, 12/27/2018 2:14:24 PM

Thursday, December 27, 2018 2:14:24 PM

Post# of 392
Series Preferred D is Mezzanine Equity because holders can cause the company to redeem at $25 per shares on 9/21/23.

However, both issues should now be considered busted preferred stock since conversion will most likely never occur.

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