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Re: Rab C Nesbitt post# 84774

Tuesday, 04/27/2010 9:49:11 AM

Tuesday, April 27, 2010 9:49:11 AM

Post# of 111729
Companies have those convertible preferred shares as a means to guard against a takeover.

BEHL's market cap is less than $10M right now. It would be very easy for an investment group to buy up more than 50% of the shares and begin assigning board seats, etc.

The convertible shares make it impossible for that to happen.