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toughasnails

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toughasnails

Re: 1Bmorecarefull post# 93547

Thursday, 05/28/2009 12:12:48 PM

Thursday, May 28, 2009 12:12:48 PM

Post# of 346920
My guess is the corporate papers require that there be enough shares in a/s to cover conversion of the preferred, even though they are not going to convert. A very common clause.
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