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Re: None

Sunday, 11/23/2014 12:32:47 AM

Sunday, November 23, 2014 12:32:47 AM

Post# of 67758
(2) Each of the SoOum shareholders above will receive series B preferred shares in the merger, each of which will grant them 1,000 votes per share. It is anticipated that at some point these shares will be converted to common shares after the merger and after a reverse stock split which will align the capital structure of the Company. Thus immediately following the merger the SoOum shareholders will own no shares of common stock, but they will own series B preferred shares that will give them ownership and combined voting rights equal to 80% of all the shares outstanding.

NOTICE AFTER THE REVERSE SPLIT?
I THOUGHT THERE WAS TO BE NO SPLIT?

YES? NO?

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