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Re: Moosetuck post# 211623

Sunday, 02/25/2007 11:40:07 AM

Sunday, February 25, 2007 11:40:07 AM

Post# of 315345
Yes, I was thinking the same thing: make them tradable...however, after thinking about it more, there is one major disadvantage:
- after trading the prefereds, the prefereds would only be owned by people planning to convert, so all prefereds would be converted, which means major dilution. (134 billion)..which means 0 value for BKMP.