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Re: elvisonfire post# 108612

Sunday, 03/02/2014 2:56:53 AM

Sunday, March 02, 2014 2:56:53 AM

Post# of 148335
lol well that was my worst case scenario, I don't see why the face value of the preffered shares would be what the commons are trading for? They set their price for them in the company bylaws. If you redeem them for cash then theyre never converted into commons to take on that price its just at the .20 cents they are set at. But I am also clueless in all of this stuff, just my opinions I end up with