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Re: mrfence post# 604065

Monday, 04/13/2020 2:07:19 PM

Monday, April 13, 2020 2:07:19 PM

Post# of 796372
Took the words out of my head! Just what I was thinking.
4 pref's to 1 common.
They would be giving up 5-6% interset but would make way more on appreciation and possibly dividends later. They would also get a vote/say so going forward.