That is nonsense. Those x preferred where just transferred as part of the merger from one owner to another. What they need to do is retire or reduce those. But they have not been converted.
Yea, I just wish we were calmly sitting on 0007's bouncing back and fourth to 8's. I think there would be interest and not this freeze, but I gotcha. Seen this before many times......just wondering what NGEN is talking about doing behind closed doors if anything so we don't have another week of Fridays next week. It's all good. I just think like a PR person, hating stagnancy.