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junkmanlong1

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junkmanlong1

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Friday, 01/10/2014 10:59:18 AM

Friday, January 10, 2014 10:59:18 AM

Post# of 36856
Rocco No way a 1:1

One thing I forgot to add was the conversion price cap.

I think the cap is $33 so if the stock goes over $33 then the preferred shares still convert at $33.

If we trade at $40 the conversion is still $33.

JML
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