A ‘LOCK-UP’ HAS BEEN PUT IN PLACE TO STOP FUT
Post# of 4678
Posted On: 08/14/2015 9:49:43 AM
A ‘LOCK-UP’ HAS BEEN PUT IN PLACE TO
STOP FUTURE SALES OF THE LARGEST DEBTHOLDER’S CONVERTIBLE NOTE TO THIRD PARTY INVESTORS
WHY?
1. To stave off dilution stemming from that particular convertible debt.
2. To give shareholders a chance to benefit from Oveedia’s upcoming launch and the future success of the company!
STOP FUTURE SALES OF THE LARGEST DEBTHOLDER’S CONVERTIBLE NOTE TO THIRD PARTY INVESTORS
WHY?
1. To stave off dilution stemming from that particular convertible debt.
2. To give shareholders a chance to benefit from Oveedia’s upcoming launch and the future success of the company!
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