Latest News on SharesPreferred Shares heading upwards! Good postings Jinvest. The two circulars you quoted from sedar show that the preferred dividend is in play and is not affected by the forced decision by the banks to cut the common dividend. If anything the credit document and material document further support a stronger valuation for the preferred shares and support for both the preferred dividend and the preferred shares. Big market players are taking notice. Wait for some big movement on those in the coming days ahead. Bargains will be gone soon.Recap for the day as follows: YLO.PR.A up 8.75%,,YLO.PR.B up 10.98%,, YLO.PR.C up 18.88% YLO.PR.D up 16.56% Things are looking great for the preferred and common shares. Keep in mind that when the common doubles to 50 cents the preferred values will not be less than $7.50 a piece and when it hits a $1 they will be worth at least $15 a piece and that is conservatively speaking and based just off of the valuation of 12.5 shares and the preferred dividends. Expect some wild cards to generate buzz and momentum as an aquisition/buyout maybe announced sending the shares through the roof! Cheers to the pot of gold at the end of this rainbow!