But am I content or excited about our deal... not at the moment, but send me a 411 a year from now. lol
Seriously, 5/1 = $3.25/.65 we are getting per share the valuation named by the neutral auditor... there just will be less shares in the Class B O/S.
As for trading them... that is the key. Someone I know called Scottrade on this, and they are indeed tradable under say teh symbol TCHH.B, but it ALL depends on finding a market for them.
IF... TCHH comes out with revenues even coming CLOSE to their projected market cap after a few Quarters... then Preferred shares are quite honestly the BEST way for a bigger fish to acquire a company, or take over management.
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