Replies to post #32153 on Banro Corp. fka BAA

[braised007]

the Series A preference shares are not convertible into commons. They are basically a form of debt that is lower on the totem pole of creditors. The convertible preferred shares are convertible into 63M shares. Total # of shares on fully diluted basis is 354M.

http://www.banro.com/s/StockInfo.asp