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iwondertoo

10/07/11 12:57 PM

#9322 RE: cookstove12 #9321

That wouldn't be reducing their hold. Like I said, I await the details and filings. :<)
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buyfear

10/08/11 1:56 AM

#9351 RE: cookstove12 #9321

OH So Mineseeker got preferreds, similar strategy as to the first time around except they didn't retire the entire 450 mil?

"This course of action will involve the retirement of the 450,000,000 shares held by the parent company in exchange for the creation of a non-convertible, voting only, Preferred class of stock. After this step, the authorized share count would again be lowered."

http://finance.yahoo.com/news/NHS-Health-Solutions-Inc-iw-973886475.html?x=0&.v=1

A/S 750 mil
O/S 314,855,401
Tradeable float 49,681,919