Tuesday, March 31, 2015 4:38:32 PM
"Look people, the PPS is struggling to stay above .0008, there's almost no buying interest, and the bid is not going to absorb 600 million shares coming off restriction and being sold into the market. If you start converting and selling, it will destroy the PPS for good and I will have no choice but to reverse split way before you all manage to sell your shares. So I'm not filing a Form 10 now or anytime in the near future, and you will not recover your money if you try to pull out now. On the other hand, you can agree to give me an extension for no additional cost for another year, and see if I can't get something going here... so what's it going to be?"
Then perhaps they all said "well, okay, that's extortion but I see no other choice."
And then AP maybe added, "also, I get to say in a PR that you have unconditional, unwavering faith in my company and my ability to make DKTS a success," and they said "WTF are you kidding me? fine, whatever..."
And then AP concluded with, "we can also have in the agreement that you can convert prior to one year from now if I file the Form 10 before then," and they all had a good laugh.
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