News Focus
News Focus
icon url

TomSawyer

10/21/11 11:28 AM

#185443 RE: SevenTenEleven #185439

"It has been proven that there is a 3% dividend preference based upon the $0.003449 liquidation preference."

It's NOT interest.

"The liquidation preference simply (or complexfully) defines the money that will be returned to a particular series of the company's stock before the holders of any other series of stock."

http://www.burningdoor.com/askthewizard/2007/04/venture_terms_liquidation_pref.html

(As OldBen posted)



icon url

AlanC

10/21/11 11:40 AM

#185446 RE: SevenTenEleven #185439

SevenTenEleven: Call it interest or call it a dividend or call it whatever one likes. I plan on using those bonus dollars to purchase a new car with. Works for me and I will name the car "shortpuppy" just for fun! Go FFGO!!!
A dividend of 3400%+ is awesome!