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TomSawyer

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TomSawyer

Re: SevenTenEleven post# 185439

Friday, 10/21/2011 11:28:20 AM

Friday, October 21, 2011 11:28:20 AM

Post# of 221984
"It has been proven that there is a 3% dividend preference based upon the $0.003449 liquidation preference."

It's NOT interest.

"The liquidation preference simply (or complexfully) defines the money that will be returned to a particular series of the company's stock before the holders of any other series of stock."

http://www.burningdoor.com/askthewizard/2007/04/venture_terms_liquidation_pref.html

(As OldBen posted)



Disclaimer: My posts should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned. Please perform your own due-diligence and make your own investment decisions.

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