Posted On: 11/14/2015 12:31:33 PM
Post# of 30067
FACT - if the share increase is not approved, the company goes bankrupt. So there is no choice.
If it is not approved then the Company must pay to Magna and Dominion in cash an amount equal to 1% of each such lender’s aggregate principal amount of Notes, Stated Value of any Series E Preferred Stock, and Stated Value of any Series H Preferred Stock owned by such lender EVERY DAY until the increase is approved.
It has to be and will be approved. FACT.
If it is not approved then the Company must pay to Magna and Dominion in cash an amount equal to 1% of each such lender’s aggregate principal amount of Notes, Stated Value of any Series E Preferred Stock, and Stated Value of any Series H Preferred Stock owned by such lender EVERY DAY until the increase is approved.
It has to be and will be approved. FACT.
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And if this share increase is approved u will see a substantial increase and your shares will be worth close to nothing. FACT
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