happy 4th all! can some one explain to me why the perferred stock gets brought up from time to time ,when as my understanding is they are not a problem because they are worthless and the dividends never have to be paid to them even if the common gets dividends. thanks
I highly doubt they are "worthless"....they are indeed worth something...how much? who knows!! from my understanding the company is under some litigation about them. Hopefully they can just be swapped for common shares.