Monday, April 04, 2016 10:50:39 AM
I would need to be able to convert my preferred series A shares into common shares to do this...hence the ISSUE...I am not the only one either that has issued several complaints and scary is we have been on the same side as the toxic lenders to get the company compliant with their authorized share issuances. AGAIN, companies CAN NOT simply issue more shares then they are authorized and that's what MGON did...its fraud... now one thing for sure things do not happen quickly in pinky land as I have been on this for a long time (as have others)but there is more to it then just increasing authorized to allow preferred and other lenders to convert to common...a lot more legal crap company must deal with as they issued illegal class shares and issued common to some that they were not suppose to and those actually sold into market...so quite a mess...maybe why some officers recently resigned... LOL
Again, wiLl stick to what the lawyers tell me...GLTA
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