They were not off by billions. They just didn't THINK about what they were putting out. They just said, "let's set aside a quarter of the authorized preferreds". They didn't need to set aside that much for the conversion. IMHO, it really was just a mistake. The 62.5million figure is irrelevant, it only means that if you take 1/4 of 250 you get 62.5!!!!!!
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