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DC168

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Re: crazyjogger925 post# 43640

Friday, 04/15/2011 2:37:59 PM

Friday, April 15, 2011 2:37:59 PM

Post# of 51626
No, they don't want to see pennies. I think it has something to do with preferred shares that management own. Something is fishy here. The lower the pps, the more it can be converted.

I am not an accountant, I am not sure how preferred shares work in the case of buy out/dividend. It seems they have priority in getting the money as compared to common share holders. IMO.
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