InvestorsHub Logo
Followers 7
Posts 2044
Boards Moderated 0
Alias Born 08/04/2006

Re: bikerider99 post# 21922

Friday, 03/07/2008 6:35:27 PM

Friday, March 07, 2008 6:35:27 PM

Post# of 29782
"When the A/S and the O/S were maxed out....what else could happen in order to hand out those divvies?"

numero uno, the divy is preferred stock and numero due the divy translates to a max of 58mil common shares when converted. so why increase the common a/s when you don't need any for a year and why increase it with over 1bil shares if you only need 58mil?
i agree there is going to be r/s at some point but really doubt is going to be a 3/1.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.