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Post# of 143143
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janice shell

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janice shell

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Re: librab103 post# 125217

Thursday, 03/27/2014 8:34:49 PM

Thursday, March 27, 2014 8:34:49 PM

Post# of 143143
No he would not. Voting power and conversion rights are entirely separate issues. Voting rights give the owner control of the company, because one share of Preferred C represents 1 million shares of common. But that is ONLY for voting purposes.

One share of Preferred Class C, if the owner elects to convert, will be converted into 1000 shares of common.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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