RE:AIM.PR.CIf they're smart, Aimia should stop paying the preferred dividends for a while, until they get either Bozzetto or Tufropes sold. No point in paying so much out when they are burning so much cash at the holdco, and there is a massive 40% tax on top of those preferred dividends. So that's the first thing I would do if I were them. And pair that annoucement with an offer to buy back some of the preferreds at 50% of face value or something like that, so that Aimia can do something smart with the cash saved from the preferred dividends and taxes, rather than handing more of it to unnamed investment bankers and Norton Rose Fulbright.