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fung_derf

07/14/17 10:11 AM

#2418 RE: Equitiesduke #2417

There is nothing slam dunky about this.

postmeridiem

07/14/17 11:25 AM

#2419 RE: Equitiesduke #2417

When it was issued in 2015, the FTRPR shares were convertible at any time at the holder's option to 17 and a fraction shares of FTR common stock. Are you saying I can buy 1000 shares of FTRPR for approximately $25,000 and immediately convert them to 17,000 shares of FTR worth approximately $250,000 at today's price?

Quite a deal if correct.