SI
SI
discoversearch

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.
Technology Stocks : ACII - AmeriChip International, Inc -- Ignore unavailable to you. Want to Upgrade?


To: floyd2518 who wrote (1159)2/10/2008 10:51:49 PM
From: BarclayDonaldson  Read Replies (1) | Respond to of 2396
 
floyd: yes, they have said that. As I posted previously, here's IR's response to me regarding the Preferred shares.

The shares are not convertible to common, have no monetary value, they can not be used to vote themsselves special privileges etc. It protects them from a hostile takeover. The Company has great assets now in capital equipment and a growing book of business. Hope this answers your questions.