Re: FYI Holocom.. Question for SHM?
in response to
by
posted on
Jan 14, 2010 11:44AM
<As stated in Note 11, in February 2007, we invested an aggregate of $370,000 in Holocom for 2,100,000 shares of convertible preferred stock. >
Is there reasons why PTSC has not converted the preferred shares? Would seem to me that demand after 9/11 would have made such a move obvious. Are there any restrictions on such conversion?
Opty