Vineyard National Bank Preferred (fka VNBAQ)

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If you like Preferred try my second best Preferred SFI they have 4 preferreds each around $3.00 each pays 60% dividend the company is going through a hard time but is buying back their reg.stock and buying back their debt on the open market.I think it is their preferred but they did not say that.When the company gets going the preferred should go up to $20.00. the preferreds are reg. price of $25.00.I Think my best which is in list it is at
$1.00 it has to buy back at $25.00 or go in Bankrupt it pays 180% dividen cumaitive would get back 90% of your money because of the dividends they owe you if wanted to apply for it in Bankrupt court. I am waiting for my son to get some before I let people know.