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aquastock

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aquastock

Re: None

Wednesday, 01/09/2013 8:11:20 AM

Wednesday, January 09, 2013 8:11:20 AM

Post# of 68830
Share holders best - Greenwood must have a big interesst to push the stock price!

Each share of Preferred Stock is convertible, at the discretion of the holder, into 1.8 shares of Company common stock (with provisions which reduce the conversion ratio to one share of Preferred Stock for one share of Company common stock under specified conditions). The Preferred Stock has liquidation preferences and may be cancelled and returned to the Company in exchange for the Member Interests under certain restrictive circumstances.
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