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Re: asdfu099 post# 13923

Wednesday, 01/22/2014 2:02:14 PM

Wednesday, January 22, 2014 2:02:14 PM

Post# of 17504
There should have been a "Subsequent Event" footnote on the Q3-2013 financial statement that the interest rate on the 12% preferred stock had been cut to 8% effective October 1, 2013. However, you're telling us that the rate cut to 8% was backdated to October 1st after the Q3 financials were published, if that is the case.

Gilda

This is why I always suggest getting clarification from the company's management instead of making assumptions.