ZaZa Energy Reports 2015 First Quarter Financial Results – PennEnergy

The Preferred Stock has a total liquidation preference of $2.5 million and is convertible, at the option of the holder, into 2.5 million shares of common stock, subject to anti-dilution protections customary for this type of transaction. ZaZa also
Zaza Energy Just Filled Form D About $2.50 million

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