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Rothkiln

04/19/13 3:55 PM

#18213 RE: fooney #18208

No, you get 1 preferred share for every $2.50 invested. You will only have 1-3 preferred shares registered (converted) at the time of the company's 2nd public offering when they uplist to NYSE. You will still have other convertible preferred shares left over, which can be converted after 6 months of the issuance date.