Yes, I believe the skinny is: preferred shares will be created...common shares will be swapped for the preferred shares...and then THESE COMMON SHARES WILL BE CANCELLED!!!
This story is getting better and better...pretty soon it will be hard for some to put the book down!!!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.