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Monday, 01/26/2015 11:14:52 PM

Monday, January 26, 2015 11:14:52 PM

Post# of 48812
$OCLG..Making all the right moves!>>>>Wayne Erwin, OCLG's Chief Executive Officer, remarked, "We continue to increase shareholder value by reducing the gross amount of convertible notes outstanding and, more importantly, prior to their conversion. Our corporate strategy is to retire all notes prior to their conversion dates. This most recent payoff eliminated the issuance of over 16 million shares of our common stock. We have requested of the note holder to amend its Schedule 13G filing, to properly reflect zero (0) beneficial shares owned as of January 23, 2015. At no time did the note holder possess beneficial ownership of the stated shares."

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