Why anyone would complain about Dean being diluted out of the equation
No complaints here, it's just difficult to wrap my melon around all this. I just think the bastard should have his accounts seized and the monies he stole returned to the shareholders.
I'm just besides myself that he is doing anything but staring at four brick walls.
Correct---in the bizarro world of Quasar preferreds conversions, the effective dilution on the commons here is the same no matter if 1 share of Preferred A is issued or all of them as you've noted...
the difference in the newly issued is it stacks the voting deck in favor of whomever received them--essentially nullifying current preferred holders(Dean) so long as he didn't receive any of this new distribution...
yup thats right. and some are saying joe took the bait. and some are saying that they are laughing their _ _ _ off.
thats rich. so since now this show is a fishing contest, and full of laughter, maybe "it" possibly soon to be ready for prime time lots of great fisherPEEPS on TV. lots of great laughter
or maybe a wildlife show. full of dilution and polution. heck yeah thats it.