PMX Communities Inc. (fka PMXO)

[jt6455]

http://myemail.constantcontact.com/PMXO-PMXGOLD-FAQ--16.html?soid=1104106720692&aid=WVnSroHKlwY

Have it guys. At face value it sounds like they were able to raise equity vs debt. We will need to see the terms of the financing agreement but like I said to sell toxic shares there's no need for the information statement to be filed yesterday.

Assuming the recapitalization was for an equity investor then those Prefs are not for anti dilutive purposes imo. But until we see what's written into them we can only speculate. My guess if the investor takes a big bite (reason for the AS increase) they could be designated down the road with a "poison pill" or to entice additional equity if needed

Lots to speculate