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Run The Option

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Run The Option

Re: Talc Moan post# 6705

Wednesday, 05/11/2011 11:56:57 AM

Wednesday, May 11, 2011 11:56:57 AM

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The key word is convertible. At some point the stock holder has an option to convert the preferred shares to common shares. Kind of the opposite of non-dilutive.

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