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OTC BB King

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OTC BB King

Re: Bazooka post# 518

Tuesday, 09/22/2009 11:12:45 PM

Tuesday, September 22, 2009 11:12:45 PM

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The face value refers to the face or liquidation value of the preferred shares. The LEHCQ and LEHDQ shares have a $50 face value. The LEHPQ's have a $1000 face value. All the others have a $25 face value. So if the $50 face value LEHCQ shares receive a 20% distribution, that would be $10 per share!

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