Just reading this out of the Pre14 would lead me to believe ALL shareholders ( doesn't state a specific type) so, I assume ANY type of shareholder will be affected by the RS.
it states:
The reverse stock split will NOT:
- Affect any shareholder's percentage ownership interest in the Company;
- Affect any shareholder's proportionate voting power;
- Substantially affect the voting rights or other privileges of any shareholder (unless the shareholder holds fewer than twenty-five shares of our common stock).
This must include the preferred shares... JMHO..
can't imagine how that could be legal otherwise..
good to see that PR tis am.. just one word.. whew!!
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