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BenjaminGrossbaum

12/11/18 8:46 AM

#6886 RE: ValueInvestor2017 #6885

If they’re voting they’re outstanding. I didn’t notice them because they’re not in the share count and I didn’t research as far back as the last proxy. The fact remains their debt is being paid down by converting into common at a discount to market and sold. They have a mountain of debt and purchasers are unwittingly paying it down as they dilute themselves.