Posted On: 10/15/2015 4:46:34 PM
Post# of 30015
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It seems like our Series H investors are a little friendlier. Our purchase agreement obligated us to file an S-1 on or prior to October 10. If we didn't, we would owe them a 3% penalty.
Filed the S-1 late today. But it includes the following note:
Quite charitable of them.
Filed the S-1 late today. But it includes the following note:
Quote:
"The holders have verbally agreed to waive any penalties that accrued because of the Company’s failure to file the registration statement on October 10, 2015."
Quite charitable of them.
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