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gempicker

01/17/15 6:29 PM

#84346 RE: gonia #84345

Preferred shares may have conversion rights that vest over time and not near immediate. If a 15 million investment ever wants to convert they need success, liquidity. I think these share structure increases are a fail safe to at least own the patents if their investment fails over time. The hope for longs is to ride the coattails of new money that looks to lead and take the reigns.