MINDP $6.85 - $5.50, the preferred holders got their heads handed to them on this from the earnings PR:
"Despite the expected improvement in our financial results, we do not believe that current operations can simultaneously fund the capital requirements of the ongoing business, as well as ongoing or accumulated dividends related to our preferred stock. While no firm decisions have been made, we currently believe it unlikely that we will declare dividends on our preferred stock for the foreseeable future," concluded Capps.