Replies to post #66215 on Lans Holdings Inc (fka LAHO)

[Davinder Randhawa]

Nice, but I wonder if this affects the 180 day extension given to Lans Holding, is that extension going to increase?

[tdbowieknife]

Where does it say LAHO common stock will be exchanged for MSSV common stock??? Anywhere??

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[MasterBlastr]

There you just said it. No LAHO commons, just LAHO redeemable preferred. Do you know the difference.

[Hookmeistr]

The more I read this, the more I'm wondering if it's the preferred shareholders that take a hit of .2 to convert them to commons rather than a 1:1 conversion but the commons maybe get a 1:1 conversion? Could this be possible? Is it presumed that the commons automatically get a 1:1 but the only reason they made a distinction in the announcement was to denote the exception of the preferred shares taking the hit.