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Post# of 867903
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kthomp19

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kthomp19

Re: positiveonstocks101 post# 693659

Tuesday, 08/31/2021 3:17:11 PM

Tuesday, August 31, 2021 3:17:11 PM

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Quantifiable damages = Liquidation preference when they were purchased and held till maturity (by investors choice) less the market value of the converted stocks.



Your takings comment related to a senior-to-common conversion. Common shares have no contractually set liquidation preference or maturity date, so I still don't understand why a senior-to-common conversion conducted at anything other than the market price would be a taking.

Got legal theories no plaintiff has tried? File your own lawsuit or shut up.

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