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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Yellow Media Inc
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Comment by Wise-guyon Dec 21, 2011 5:06pm
346 Views
Post# 19343340

RE: RE: RE: RE: Incentives fro Pref A holders to c

RE: RE: RE: RE: Incentives fro Pref A holders to c

The main reason to convert the Pref's A and B is to not pay the $25 per pref's share.

A: 10 million x $25 = $250 million

B:  6 million x $25 = $125 million

By converting them they will get rid of $375 million debt.

That's why I bought A's because at this moment you have a big discount compare to the common shares.

Instead paying 18 cents, it's like you are paying 13 cents for the common shares.

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