MIND / MINDP - I've been in and out of the preferred recently. It's a really interesting situation with the company trying to get the preferred holders to convert into common. The company seems pretty emphatic about wanting to preserve its working capital and thus doesn't want to pay out the preferred dividend at this time.
The preferred holders were supposed to vote on it on April 25, but the company postponed it to a yet undetermined date. Maybe they knew they didn't have the votes or maybe they wanted to get that good earnings report out ahead of it.
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