InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,580.26
(
0.13%
)
US TECH 100
19,985.00
(
0.46%
)
Dow Jones
39,205.90
(
-0.35%
)
Brent Oil
85.33
(
-0.10%
)
Bitcoin
57,530.11
(
1.45%
)
Post# of 44006
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

tsipperhorn

Send PM Follow Ignore
Followers 0
Posts 74
Boards Moderated 0
Alias Born 04/23/2007

tsipperhorn

Re: shadow43560 post# 31694

Thursday, 08/09/2007 12:40:11 PM

Thursday, August 09, 2007 12:40:11 PM

Post# of 44006
No, there are 5mm authiorized by the shareholders - look at the balance sheet and equity footnote.

The Board authorized 4mm of the 5mm shares authorized to be issued.

Not the same. Treasury stock is only if company buys it back. this is a conversion and thus the preferred stock not outstanding can be issued.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up