Sounds like management and others are manipulating market and small investors in particular.
" The Company's authorized capital stock consists of (i) 175,000,000 shares of Common Stock, par value $0.01 per share, of which 125,000,000 shares are designated as Class A Stock, and 50,000,000 shares are designated as Class C Stock; and (ii) 1,000,000 shares of Preferred Stock, par value $1.00 per share (the "Preferred Stock"), of which 69,970 shares have been designated as the "8% Noncumulative Preferred Stock" (the "Noncumulative Preferred Stock") and 87,192 shares were formerly designated as "8% Step-Up Rate Cumulative Convertible Preferred Stock", which have been cancelled and retired. No shares of Class C Stock are outstan" |