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Jambamboo

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Jambamboo

Re: Renavatio post# 42480

Wednesday, 06/20/2007 4:34:23 PM

Wednesday, June 20, 2007 4:34:23 PM

Post# of 79921
They did not pay anything upfront they gave stock (preffered) to cover the difference between the purchase price and the mortgage from Madison.

But the rest of your information is correct, they can convert their preferred to common after year 1.
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