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Type211

02/04/10 8:11 PM

#208560 RE: phoenix69 #208553

Re:

I just think that valuing the par value at a lower price effectively gives the company an "out" on their PPS. This seems like a double move against the average shareholder and gives more to the "majority" shareholder in the long run.
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luckyrabbit

02/04/10 10:16 PM

#208565 RE: phoenix69 #208553

so please help me understand. what is it they are fixing?
why are these moves necessary??

Thanks.