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Re: coinsguy post# 89622

Tuesday, 10/02/2007 1:29:31 PM

Tuesday, October 02, 2007 1:29:31 PM

Post# of 159752
coinsguy, most of the AS is set aside for the
prefereds which Megas and Sytner have equal amounts.
Each has 7.5 million which when converted total 1.5 Billion, so that much of the AS is taken up by them. Prefereds are used this way to prevent takeovers, among other things.
The AS being that high is not a problem, its's the OS that is always key, and the OS here is 525 million +~
I'd like to know why the DTCC isn't clearing trades too if they have 244+ million on deposit, sounds like they are stonewalling, imo.

Mainuh

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