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Renavatio

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Renavatio

Re: sawdin post# 50320

Friday, 08/17/2007 1:11:30 PM

Friday, August 17, 2007 1:11:30 PM

Post# of 79921
No...they have a long history of using restricted shares for acquisitions. Then, they PR'd the increase in the A/S a while ago to be able to use Preferred Shares for acquisitions. Since then, that is what they have done. They used a convertible preferred, similar to the preferred 3's for the condo deal, if I remember correctly.

"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org

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