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Re: flaflyersfan post# 33290

Wednesday, 04/27/2016 2:06:40 PM

Wednesday, April 27, 2016 2:06:40 PM

Post# of 43751
Accually I just laid that all out very nicely...Interesting they have not yet met the requirements to have enough shares to do convertions.Only 115 million shares left.Interesting they didn't get more shares to give to Typenex but yet settled with them with stock and a 57,000 payoff.Typenex no longer a player.Interesting insiders just receive Series B preferred stock knowing they don't have shares to convert them to. All business not as usual and now the recent 8K ,Certificate of Designation uses Merger lingo by preference of the board members.This is NOT in all Certificates of Designation except by choice of the board.What do they know we don't? I think its obvious by Victors letter in October they were seeking after some sort of affiliation with another company and they were in talks with several copmanys at the time the letter was written as Victor said .Its obvious a " Share exchange agreement or agreement and merger " stated in the 8K Certificate of Designation is the obvious target.If it happens within the 90 days of the date of the Certificate of Designation their new Series B preferred stock converts ( March 22 2016 ).Now how does that happen without enough shares to convert...Its all in the SEC 8K filing...If they have a merger with another company that involves a share exchange agreement that company can take those Series B preferred shares in the share exchange agreement as I have recently found discovered of coarse with it they would get the voting rights to that stock.The lingo is well stated in the recent 8K makes it clear the preferances of the board concerning their Series B preferred stock and where 3dicon becomes a consolidated company with another entity and the company issues equity securities of the company.A Merger and share exchange agereement is obviously a good possibility
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