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SammyTheBull

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SammyTheBull

Re: gg7 post# 198898

Tuesday, 01/29/2013 12:50:27 PM

Tuesday, January 29, 2013 12:50:27 PM

Post# of 289427
Preferred shares can be set up all different ways. Most likely these are convertible preferred shares so the company maintains ownership rights by being able to convert then to common at high conversion ratios.

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