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Re: camaro4me post# 42660

Tuesday, 06/11/2019 10:53:26 PM

Tuesday, June 11, 2019 10:53:26 PM

Post# of 46348
Well without p shares trading or redeemed at par, the commons wouldn’t trade. He figured investors knew this basic principal imo.

Good luck raising capital if you wipe out jr pfd. That is a death sentence for common holders.