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thermal164

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thermal164

Re: flemdog33 post# 21680

Friday, 09/19/2014 8:34:27 AM

Friday, September 19, 2014 8:34:27 AM

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The reason the A/S was increased was because the debt holder wanted to sell shares of their stock and because of the buy out of the previous debt holder the new debt holder held the majority of the voting shares. The IWEB could not block the transactions because the debt holder held majority voting privilege.
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