Floorless Preferred Stock/Debenture Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Floorless Preferred Stock/Debenture

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry Brubaker who wrote (1400)	6/20/2002 11:49:16 PM
From: ProDeath	Read Replies (1) of 1438

Thanks for taking to time to respond. The stock seems a likely short to me and I am wondering if the financier thinks so as well ;-) As I read Section "6. CONVERSION." of sec.gov This seems to be the only limit. "(g) (i) Notwithstanding anything to the contrary contained herein, the Corporation shall not be obligated to issue more than 3,823,500 shares of Common Stock (after giving effect to the reverse stock split of the Common Stock effective at 12:01 a.m. on May 29, 2002 but subject to adjustment for stock splits, reverse stock splits, stock dividends and similar transactions with respect to the Common Stock after such date) upon the conversion of any shares of Series B Preferred Stock"...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next