re: vrlpa - sabretoothed Hi Johnrap,Yes absolutely correct....

re: vrlpa - sabretoothed Hi Johnrap,

Yes absolutely correct. "pref" shares have priority to any residually owners equity left on the Balance sheet (or it's new name "Statement of Financial Position" over and above the ordinary VRL shares.)

In this case to the value of 50c per VRL first, then 50c per VRL and then shared above that.

Voting rights are useless due to the Kirby control, VRLPA have the effective same (or better in a wind up) economic interest as VRL to the small shareholder.

Weekend comments from last week (moviemarshal.com)

"In the runner-up position in its fifth weekend was the legitimate hit The Matrix Reloaded. Despite what has been a bruising for the film the U.S., its Australian performance has remaining consistently strong. Although it was off 43% over the weekend, the Keanu Reeves starring sci-fi adventure collected an additional $1.18 million to boost its cume to a juicy $30.27 million, breaking through the $30 million mark and becoming the 16th film to do so. The fifth weekend take for The Matrix Reloaded stands also stands as the 15th best fifth weekend, just ahead of $1.14 million of Spider-Man fifth. "


again Warner has the US / Canada. VRL the Rest of world

Ralphie