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bond-007

03/20/12 10:20 AM

#366693 RE: RetirewithWaMu #366690

Yep they are and its all over but the jingle lol
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clawmann

03/20/12 10:21 AM

#366698 RE: RetirewithWaMu #366690

It's in the articles of incorporation. The BOD can issue preferred stock if they choose to do so and it does not cause a "change in ownership" that would result in a loss of the NOLs.

In any event, I don't see the BOD issuing preferred in the first two years.