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Re: Chasing Stars post# 17494

Sunday, 02/12/2012 1:14:02 AM

Sunday, February 12, 2012 1:14:02 AM

Post# of 17636
Preferred Stock: debt instruments. Preferred shareholders are paid ahead of common stock holders in the event the corporation is liquidated. Convertible preferred shares can be converted into common stock according to predetermined conditions.

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