your maths is strange
i did what you said, and diddn't get 134M.
7000-903-771+260+300=5.9B
anyway, if the prefs have a face value of $1, why should they be worth anything less than that?
the only thing that should change is the amount of shares that are issued in conversion (one dollars worth).
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yet another try to calculate beppa value, page-2
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