RE: RE: RE: RE: RE: Got another 2.5K A's today Even if the Pref A holders only get 12.77 common shares (which includes 2 quarters of unpaid dividends),
How do you get 2 quarters of unpaid dividends as being worth 0.27 common shares. Either the unpaid dividends will be paid in cash (52 cents) or based on 95% the average price for the 20 days preceeding the conversion. At todays common price, it means about 11 shares, for a total of 23.5 shares assuming a July 1 conversion, which I doubt.