MDRR - Medalist Diversified REIT: A High-Risk Term Preferred Stock IPO

Introduction

Almost all exchange-traded fixed-income securities have their PAR value of $25. Sometimes, though rarely, some of them are very tiny issues, as by "tiny issues" I mean less than 1M shares. Lately, such have been YCBD-A (0.50M shares), OTC:YGYIP (0.58M shares), SCCB (0.92M shares), PRIF-D (0.83M shares) and OTC:OCCIP (0.8M shares). As might be expected, these are placed on the market by very small companies. In this article, I want to present the newest preferred stock of only 200,000 shares, issued by a $17M market cap company, Medalist Diversified REIT, Inc (