RE: RE: RE: RE: RE: RE: RE: The reason a preferredConcerning voting rights, if they converted for voting rights, it could also be because they wish to vote for a takeover. Maybe they heard the terms would be good for them in particular (pot sweetener?).
I think I have another possibe valid reason for conversion that I like better:
Now that they will have common shares, they can sell into their anticipated, high volume, stock rise which would accompany a spectacular Urocidin Phase III announcement at there whim.