RE:RE:RE:RE:RE:RE:RE:AIM.PR.CPref shareholders would have no lawsuit because 1) the SIB would be voluntary, 2) the SIB would be announced in conjunction with the deferral of dividends (so no seller would be selling without that knowledge), and 3) Aimia is burning cash at the holdco, about $40 mil. per year, of which about half of that is pref dividends and the 40% tax on top of those. Until that circumstance is fixed (like it should have been by buying things in Canada and the US), deferring the pref dividends has clear economic rationale, as does reducing the overall liability by buying them back at a discount. If the CMT allowed that absurd private placement in Oct. 2023 on the outrageous concept that Aimia needed the money, good luck to any pref shareholders in suing when their dividends stop.