Posted On: 02/12/2016 9:07:12 AM
Post# of 96881
we will be recapitalizing the company. In this process, we have agreements in place
which will eliminate approximately 80% of our current convertible debt allowing us to limit future share growth to those
strategically valuable uses such
as key employee acquisition and retention.
We will accomplish this with several funding agreements,
1)a reverse split
2)and an overall reduction in our authorized share structure.
If only 20 % is 'Exposed" may be we'll see something along these lines to not upset the 80% that have agreed.
which will eliminate approximately 80% of our current convertible debt allowing us to limit future share growth to those
strategically valuable uses such
as key employee acquisition and retention.
We will accomplish this with several funding agreements,
1)a reverse split
2)and an overall reduction in our authorized share structure.
If only 20 % is 'Exposed" may be we'll see something along these lines to not upset the 80% that have agreed.
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