Replies to post #11954 on THE HARVEST BOARD

[swenglish]

pardon my ignorance but what does

"the voting preferred shares will be redeemed within five years."

mean?

They can only be sold after 5 years? $2 to buy 167 shares at .012, gets me 1 $10 preffered share with a $0.60 annual divvy.? then sell for $10 after 5 years or is the price not fixed? 5 (yrs) x. 60 (ann divvy) + $8 (10 - (167x.012 = 2) = $11 profit per share after 5 years.

$1000 gets 500 pref $10 shares. After 5 years $5500?

Kind of thinking (typing) out loud here.