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wooferwax

12/08/16 11:09 AM

#53736 RE: TedJ #53735

I get your point, but those companies are well established not trying to be. I did lose large sum to a company that was in love the private placement of preferred stock however. I am coming from a prespective of the common share holder and I don't see the advantage. They just closed 10 million in financing without preferred stock, why do you need it.