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Re: JoeSmith post# 69438

Saturday, 06/21/2008 2:17:14 AM

Saturday, June 21, 2008 2:17:14 AM

Post# of 107353
I believe that's right, Joe. By creating the super preferred stock it prevents shareholders like you and me from aiding the acquiring company in its fight to gain control.

It effectively negates shareholder say in a hostile takeover attempt.

AIMMHO.

Trueheart
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