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Re: flptrnkng post# 63573

Wednesday, 08/15/2012 5:17:56 PM

Wednesday, August 15, 2012 5:17:56 PM

Post# of 81578
that doesn't mean they could or would "steal" the company out of our hand's though does it?
inside management giving themselve's a liquidation preferrece in the event of a bankruptcy and the right to deal with creditor's all by themselve's seem's to be a very common thing with publicly held corporation's

and if they did institute the B-2 preferred they wouldn't need to acquire 52% of the current O/S..although it would certainly give them an even higher percent of the vote then 52%


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