The Company expects that, after payment of NIVM's outstanding debt and other liabilities, $8 million of the purchase price proceeds will be available for distribution to shareholders. The anticipated distributions are as follows:
Series A Preferred Stock--$0.50 per share Series B Preferred Stock--$0.43 per share Series C Preferred Stock--$2.41 per share Series D Preferred Stock--$3.95 per share Series E Preferred Stock--$38.55 per share Common Stock--$0.02 per share
Averaging down on a position is like a sinking ship deliberately taking on more water. This is ridiculous and stupid. DonĀ“t be ridiculous and stupid
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