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Canaccord Genuity Maintains a 'Buy' on Jamba (JMBA); Adjusting The Model Slightly

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Jamba (JMBA) Announces Lower Preferred Stock Dividend; Ownership Conversion

September 6, 2012 8:32 AM EDT

Jamba, Inc. (Nasdaq: JMBA) announced that Mistral Equity Partners, who originally purchased 170,000 shares of the Companys Series B-1 Preferred Stock in June of 2009 with its investment of $19.55 million at the time, has reduced their outstanding preferred share count by 75,000 shares by a conversion of such... More