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Re: RickNagra post# 17307

Monday, 11/04/2019 9:17:06 AM

Monday, November 04, 2019 9:17:06 AM

Post# of 17746
I hold a small amount of preferreds.

The question for preferreds is......what are they going to get for their shares? Are they going to get par value? I would say probably.

Are they going to get conversion to commons? I would say not likely.

Preferreds are a slightly lower risk, much higher low reward alternative to commons in this situation.