Replies to post #4672 on Redwood Group International (RDWD)

[jerseyboy]

As I recall, only a piece of the preferreds has been converted to date. The 28 million were supposed to be the 16 million outstanding and the conversion of the 12 million preferred, but the share structure has obviously changed quite a bit from the date of the press release that stated the numbers that equalled the 28 million.