RE: RE: RE: why they offered more to the convertib DI says
" - Preferred A and B (who are senior to the commons but who YLO can legally convert to 12.5 common shares) get exactly 12.5x what the common shares get. They are not doing worse than anyone junior to them. Sounds fair."
I say
Pref's are missing the associated vote per share that comes with the commons and approx 7% less than before with the proposed amendment intended to pacify the deb. holders. Worse and not fair.