Posted by: mordicai
In reply to: None Date:1/4/2007 8:57:15 PM
Post #of 38486
Perhaps the most important fact to consider is that the amendment was filed before 12/31/06 year end and will be accounted for on this years financials. What if Jim Plant exchanged his common for some of the new preferred so no additional common had to be issued to accomplish his immediate plans? That would be favorable to stockholders. If it was going to have an adverse impact, he would have waited till the new year imho.
"God Bless America our Troops and our Children"......... don't forget to, Let Freedom Ring!