Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > likely scenario?

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Comment by mkr58on Sep 26, 2013 11:51am

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Post# 21769810

RE:likely scenario?

Hi All:

I believe we are already have a very good stock in PTA. We are now at 6,000 barrels a day and LC-2 is only going to add more value!

The problem for the big boys looking in at Petro is, not only do we have a current stock level of 581,108,260 shares we also have .35 cent outstanding warrants in PTA.WT and PTA.WT.B that add up to 240,187,500 more shares if they are all exercised.....total shares on the books would be in the area of 821,295,760 shares.....we need to consolidate at a rate of 10 for 1.

At 6,000 PD and a stock level of 82 millionshares, we look alot better and we are no longer in the penny pool with the sharks, we are a producing company with lots of cash and the bank account is getting larger by the day.

I'm sticking to my theory!!

Best to all.

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