Posted On: 04/06/2014 10:44:39 PM
Post# of 56324
The stockholders already voted for the increase in AS in PHOT shares by 88% approval margin. One of the main reasons for that vote was to fund the shares to FITX upon license approval. The PHOT shares transferred to FITX does not need a shareholder vote at this point. All we need is the official license, and per the deal (when final inking is done), that's when the shares would be transferred.

