News & Press

MedAmerica Properties Inc. Retires Preferred Shares

MedAmerica Properties Inc., formerly known as Banyan Rail Services Inc. (OTC: BARAD; MAMP effective July 19), today announced that effective June 30, 2017 it has retired more than 95%, or 9,875 shares, of its series A cumulative preferred stock and $301,656 of accumulated preferred dividends, by issuing 257,831 shares of its common stock.

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