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Renavatio

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Renavatio

Re: WarEagle post# 50415

Friday, 08/17/2007 4:08:32 PM

Friday, August 17, 2007 4:08:32 PM

Post# of 79921
I make one dangerous assumption. That the Preferred 3's will never be exercised and never will pay a dividend to the holders. SO I back them out of the equation and that leaves us with some $10M in Preferred Debt. That puts our P/B ratio at about .45. That's ridiculous.

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

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