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MNK3240

09/17/20 8:36 AM

#43100 RE: doogdilinger #43095

What's the source of the following info or it's your assumption (they are not in PR)?

Quote from doogdilinger:
"And they can then be automatically converted at a 200/1 conversion ratio 1 year from now."

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MrBaseball

09/17/20 8:41 AM

#43104 RE: doogdilinger #43095

I did not read the conversion ratio post merger and the one year from now part. Maybe I read the wrong PR. Please post link. Thanks.
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Stock Farmer

09/17/20 9:35 AM

#43128 RE: doogdilinger #43095

Conversion Ratio will be the same for all Series C Convertible Preferred Shares IMO. Doesn’t make sense to have two different Conversion Ratios on the same Series C stock, otherwise I would have expected to see one Series for the dividend shares and one class of preferred stock for the voluntary shares.

It should be 250:1 based on PRs. I don’t understand the 200:1 Conversion Ratio you mentioned but you have a lot more experience on these matters than I do.