Promerica: First Bank in DR to Issue Stocks

johne

Silver
Jun 28, 2003
7,092
2,965
113
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- All Promerica preferred stocks are fully emitted.
- Within a few hours they were put on sale to the public all preferred stocks were sold.
- All the preferred stocks were bought by families and Dominican PYME's.
Makes sense.Why buy common stock when you can get preferred control and payment,