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newtostocks23

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newtostocks23

Re: fugo post# 44259

Tuesday, 05/24/2011 6:27:18 PM

Tuesday, May 24, 2011 6:27:18 PM

Post# of 97239
I jumped the gun on this one I think. After several re-readings, I can see that the holders of pref shares can voluntarily convert their prior to July 7. If they don't convert prior to that date, it will be converted for them on that effective date.

Since I'm not certain whether or not the voluntary conversion will be more beneficial now rather then later for the pref or common share holders. Therefore, I will leave it to the finance experts to figure this out. Sorry if I confused any of you
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