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Re: stoneroad post# 336246

Wednesday, 01/13/2021 9:07:40 AM

Wednesday, January 13, 2021 9:07:40 AM

Post# of 346105
The company has the option to liquidate the preferred at $25.00 per share. I think that would be about $46 Million. At this moment it appears the funds they need to expand operations take president. At some point they will retire the debt, 10.5 percent interest is a burden on the EPS.

GLTA

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