Wednesday, June 10, 2015 3:40:28 PM
And conversion to common at .0103 per common share for the $700K investment.
As long as the price stays above .0103, they can liquidate at a gain. Also, since they hold less than 10% of the common, they don't have to file Form 4s when they do sell. Maybe that's why they never took their two Director seats on the board they were due.
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