FIMA has 30,000,000 approved preferred shares. I do not know how much each share was sold for, but assuming it is $1, this would leave a lot of opportunity for these other deals, but I fear that in order to attract buyers to these preferred shares, they must be offering VERY HIGH dividend rates, which could have the effect of sucking out all the potential for regular shareholders. If on the other hand, dividend rates are more moderate relative to revenues, or the price of oil explodes; regular shareholders may see good profits.
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