Replies to post #14236 on IDGlobal Corp (IDGC)

[Buddye]

A cheap tax loss carry forward... anticipating a possible profit?

[Mondragon]

Preferred shares are often convertible into a multiple of common stock. It just depends on how the company wrote it out in the articles of incorporation. Sometimes they convert on a 1:100 basis and sometimes they don't convert at all. You'd have to do some digging into PHYH to find out.