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Post# of 202893
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al44

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al44

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Re: LC-GATOR post# 154777

Thursday, 01/15/2009 11:02:32 AM

Thursday, January 15, 2009 11:02:32 AM

Post# of 202893
LC- The preferred shares do not trade, so dilution isn't in play for those particular shares. What it does do, IMHO, is to give common shareholders a little more say in company affairs. The preferred shares of the company have super voting rights. I don't know the exact ratio but Clint has given up those super voting rights as treasury stock cannot vote. Again, IMHO, very shareholder friendly.

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This is an "I told you so". Pre season, I said your gators would be #1. Congrats to them.

......al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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