RE: RE: RE: RE: RE: Got another 2.5K A's today "I've said it once and I'll say it again, IF conversion happens, then at a minimum Yellow eliminates a $250 million debt liability at the end of the year"
The Preferred obligation is not debt. It is not recorded or reported or spoke of as debt, therefore conversion will not change your debt obligation by one penny. Money, one more time for the hundreth time. The preferred are equity and therefore an equity liability, but they are not debt...Ok?