Thanks. And I will let people know if I hear anything.
My suspicion is that the preferred-share offer was just a strategy to keep investors from selling once trading resumed. Thus allowing insiders to get even more for their shares.
The company has offered some sort of deal after every previous RS. Though, I could not find a single poster who wrote that the company actually followed through on the deal (and I read through a lot of old posts). Just lots of people asking if anyone else had heard anything yet.
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