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BuddyWhazhizname

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BuddyWhazhizname

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Saturday, 11/15/2014 11:00:03 AM

Saturday, November 15, 2014 11:00:03 AM

Post# of 28181
The Harry and Frankie cash-out plan:

"Certain directors and executive officers of the Company may be issued shares provided in the Share Increase Amendment in return for the elimination of their debt to the Company and deferred salary."


Rats . . . Ships . . . Sinking . . .

The filing also said note holders were requiring a share reserve of 300% of the current value of their notes. I imagine that Harry and Frankie are going to grab all the unreserved shares and sell them out ASAP.

I still wonder why people continue to pay good cash for these shares...
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