DoubleIndemnity: You summed it up very well.

It would indeed be pretty stupid if the company allowed Dec. 2nd to arrive without serving notice (minimum 30 days notice is mentioned in the Prospectus) regarding conversion of the PR.A shares to common shares.

On the other hand, considering that the company has done some pretty stupid things, including holding on to, and continually rewarding, the CEO who did a great job destroying shareholder value, it would be a welcome change if they did one stupid thing that at least benefitted some shareholders.  I doubt it though; they seem to be pretty clever when it comes to minimizing shareholder value.