Just read the filing- Transaction applied to all
Post# of 82672
Quote:
2) Aggregate number of securities to which transaction applies:
3,422,315,892 Common Stock;
3 Class A Preferred Stock;
36,667 Class B Preferred Stock
Ram/GW & MK has 180m+ common as well
Quote:
The Board of Directors believes that among other reasons, the large number of outstanding shares of our Common Stock have contributed to the difficulty with some business transactions, have contributed to a lack of investors and specialized fund interest in the Company, at a time when the security software market is active with regard to authentication and malware and has made it difficult to attract new investors, specialized funds or potential business interests.
Odd timing- he just said not until money is in the bank. Are they getting their $10m from ACS?
OS will be reduced to 6,884,632
If he comes up with some positive news, and with the low OS, hope we can recoup our investments.
It has been a frustrating experience.