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Trading4it

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Trading4it

Re: krays post# 9948

Monday, 04/15/2019 10:49:52 AM

Monday, April 15, 2019 10:49:52 AM

Post# of 59470
krays & Max,
I think those original "triggering events" requirements on C & D PS went out the window when the waiver / exchange deal(s) and modifications were signed off on 2/21/2019. Even if they weren't, FCEL will (post 1:10 or 1:12 RS) have sufficient shelf to meet the 150% reqmnt. It is odd that Proposal 5 for authorization of AS increase had different voting requirement structure. ?? What really pisses me off is the est. $11.5M/yr savings from 135 workers layed off. .... Get rid of 4 or 5 big shots that bring nothing to the party and keep the workers, still prolly save $2M/yr.
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