The 14C is just some formalities related to the Dec 20th 8K. Nothing really new. The new GHS deal is better with the preferred shares. They are authorizing more shares, but the float would not increase until conversion of preferred to common happens. There is a 6 month waiting period (See original 8K). The plan is for revenue to kick in before then there by eliminating the need to dilute the share structure.
This is how I understand things. Hope this helps.
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