Vineyard National Bank Preferred (fka VNBAQ)

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garza At $1.00 you are getting about 180% a year intrest on your money till they find out what they are going to do. If they refinance you will get your $25.00 per share Asset sales you will get $25.00 a share New Orleans Insurance could be you get X amount per share. Restuturing alternatives. Could get X amount of money then extend the date you would still get your dividens. If they just extend then you still get your dividends and $25.00 a share some time. Note they are not paying their dividens now( and they are cumulating ) so what are they going to say to the PIERS holders to make them want to extend?