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Re: euniverse1 post# 78059

Monday, 12/03/2007 8:30:11 PM

Monday, December 03, 2007 8:30:11 PM

Post# of 143047
The term is Latin and translates to "without partiality." For example, a secondary issue of shares that carry equal rights with existing shares are said to "rank pari passu." I guess it does not indicate the amount of shares, it just states that the shares will be equal in value to what we have now. Thankyou

Equal to what they give you, not to the amount of shares you now have !!