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Treaty Energy Corporation TECO
Posted On: 11/25/2014 11:25:22 PM
Post# of 39368
Posted By: JimmyTolkCol
Re: BULL2222 #30248
That's a new one me. D. that is. Basically is a fancy voter share and not a preferred by name which meant that it was preferred to common in liquidation (it got before common got). Okay shows you I just knew what they taught for my BBA, and not ever looked into actual certs.

So is F a real preferred (over common)?

Quote:
d.

Upon the dissolution, liquidation or winding up of the Corporation, whether voluntary or involuntary, the holders of Class A, Series G Preferred Stock shall participate in the payment or distribution made on the Company’s common as if such shares of Class A, Series G Preferred Stock had been converted shares of common stock.














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