Helios and Matheson Analytics Inc (HMNY)

[M_Ms]

Shame u have to run to alexa for answers. A cut from ur google search..Sometimes after a reorganization, a company will issue new stock that is considered different from the pre-reorganization stock. If this occurs, investors will need to know whether the company has given its shareholders the opportunity to exchange the old stock for new stock, because the old stock will usually be considered useless when the new stock is issued. Notice if co. Has given shareholders opportunity. They usually do not. At least the 3 companies i have gone thru this with. Commons are wiped out, but preferred get this opportunity.