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ptolomeo

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ptolomeo

Re: radiumsoup post# 33355

Wednesday, 05/25/2011 12:06:55 PM

Wednesday, May 25, 2011 12:06:55 PM

Post# of 42851
The 117:1 ratio was (A) voluntary for preferred shareholders and (B) applied only preBK (not now).

Otherwise if I were a common shareholder I would swap all my commons (@0.108) for preferreds.

Let me see, 117*0.108 = $12.363 (then you sell them at market value 30$ and you can become rich quickly!!)

It doesn't make sense...
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