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Post# of 315345
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NRA Member

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Re: multivalue post# 232036

Wednesday, 04/18/2007 12:13:12 PM

Wednesday, April 18, 2007 12:13:12 PM

Post# of 315345
The reason to let them die is that anyone who converts their preferred shares to common will end up diluting (adding more shares) to the O/S of common. That in essence makes each share everyone currently owns worth less becasue it is now dividing the pie into more pieces, and making your piece smaller.

Disclaimer: ALL posts are my own personal opinions, and nothing more. I don't actually know anything!

Meet Mr. Sib Almaz HERE:
http://www.tonyslinks.com/sib_almaz.htm

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