Pivot Technology Solutions Inc. T.PTG

Technology

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."

TSX:PTG - Post by User

Pivot Technology Solutions Inc.

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Comment by cqfdon Jan 21, 2015 9:20pm

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Post# 23346673

RE:RE:RE:RE:RE:RE:The preferred shares

Iscfa,
If you read Q3's financials, I think pref holders were initially promised (unclear when I read the financials) something like 48 cents (...). I don't think pref holders will want to settle for a 1.2 conversion rate to common shares, unless the common share price triples. Nobody wants to see 60M+ shares dumped on the open market. PTG will have to find strong hands for most of these shares.
Cheers
CQFD

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