I believe your post was about the form 4 - which deals with non-convertible preferreds. As for whatever portion of the A/S and O/S may have been issued at par value... I have looked at posts and SS on this thing going back 10 years... this company hasn't issued shares in AGES. Also, if the float was secured by some group and they are now unloading... then new shareholders are taking full advantage and locking those shares for higher gains here imo... GLTY
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