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Re: TEFFY post# 63594

Wednesday, 12/17/2014 9:36:38 AM

Wednesday, December 17, 2014 9:36:38 AM

Post# of 91832
From the company's filing:

The current investors holding anti-reverse split stock will have the right to hold the same number of shares of common stock as status quo after the reverse split. The anti-reverse split common stock protection is only for stock subject to reverse split and once the Company declares a reverse split and it is completed, the anti-reverse split protection will be terminate and shareholders that received anti-reverse split stock will be held with regular stockholders as the Company proceeds forward. In accordance with the anti-reverse split provision, no further shares will be issued to the anti-reverse split shareholders once the reverse split is approved and completed.


There are over 90M anti-R/S shares out of the ~280M common in the OS...

The have already applied for the R/S.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106238529


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