(Total Views: 310)
Posted On: 05/01/2019 10:01:42 AM
Post# of 40991
I think you need to reread your own quote:
IMO, Owens will need some financial incentive to get whatever needs to be done, done. SB thought they were in HIS name but found out later they weren't.
Quote:
In addition, we are working with the past CEO to retire the 30 million preferred shares that are on the books. I expect this will be done within the next week or so. These shares are issued in his name and cannot be retired unless certain criteria is met. The shares can never be converted to common but I want them off the books.
Quote:
Steve is not looking to "remove" Tim Owens name from the Preferred Shares
IMO, Owens will need some financial incentive to get whatever needs to be done, done. SB thought they were in HIS name but found out later they weren't.
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