RE:RE:RE:RE:UpdateCttglvr:
My wife says NO to all of my ideas and my kids think I have lost my mind.
I wouldn't put too credence in to what I say. I try to share ideas here but everyone has to decide what works best for them.
The "non dilutive" to the NAV should be a set of hard stop rules. I have to wonder if the rules have stayed in place but the interpretation of the rules has changed. The politicians to it all the time.
I don't know how Middlefield is able to manipulate what had previously been a hard and fast $10 NAV for the Prefs. The Prefs stand to get $10 before Common shareholders get anything on a dissolution of the business entity. How does the issuance of Pref shares at $9.80 NOT represent a dilution to Common shareholders????
It should be an interesting discussion when I finally get a chance to talk to IR about this.