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InTheTrenches

10/04/10 8:03 AM

#983 RE: ou71764 #982

Thanks, ou71764:

At what point can the preferred S/H demand payment on the dividends and/or conversion to shares?

I just want to understand the timing, and whether this could force CYCC into a bad deal in the near-term.

They seem to have enough money to get a start on the ph3 trial or pay off the preferreds, but not both.