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The Godfather

11/11/09 1:35 PM

#119799 RE: linda1 #119798

$100,000 / $8.75 = 11,429.. same math as yours.eom.
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Jestiron

11/11/09 2:08 PM

#119805 RE: linda1 #119798

I took the Preferred PPS ($100,000) and divided by the Common PPS ($8.75) to determine how many shares of commons for each share of preferred: 11,429