Argyle Security, Inc. (ARGL)

[blindman28]

yea stupid me i am reading them now i did not go to previous page lol. interesting read from poster Bobwins which addresses my concerns about those converted shares
"He mentioned that a hedge fund owns over 70% of the company. They have been patiently waiting for 4 years. The company has provided them some liquidity on their investment by repurchasing the preferred stock. The hedge fund is the only holder of the preferred. The A shares have been completely liquidated and the B shares will likely be liquidated over time. This will reduce cash but also reduce potential share count and minimize the need for the hedge fund to sell into the public markets and reduce the share price."