Genius Brands International Inc (GNUS): Not exactly meaningless. I believe those...

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rickn23

Re: moneym8ker post# 9403

Thursday, 11/19/2020 4:00:52 PM

Thursday, November 19, 2020 4:00:52 PM

Not exactly meaningless. I believe those preferred shares originally converted at a $3 per share price. At $0.21, GNUS will have to write off the difference ($3 minus $0.21). It could cause GNUS to show a loss for the quarter.

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