InvestorsHub Logo
Followers 167
Posts 20659
Boards Moderated 1
Alias Born 08/09/2000

Re: lifegear post# 62

Friday, 05/02/2008 2:51:52 PM

Friday, May 02, 2008 2:51:52 PM

Post# of 152
yes - i was thinking that too - the 1.39M threw me for a loop at first as well. But if one looks at the SC13 closely you see that it was a conversion of preferred to common that has not yet happened. If it did it would raise the common OS but 10% which is nothing! Some preferred to common conversions can double or triple or more the OS. Here a contractual limitation of a maximum of 10% of the common OS is in force which is great news.


Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.

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.