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Showmethepennies

11/30/16 3:31 PM

#15313 RE: stevensander #15310

Because it makes it look like the company is actually doing something. Meanwhile preferred shares will not be touched. Dilution will continue until a R/S occurs. Rinse, repeat.
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General Grievous

11/30/16 3:31 PM

#15314 RE: stevensander #15310

part that confuses me about PR of 54 bill is wh54 billion will be converted to preferred than later on be reissued into the outstanding?