Wednesday, August 24, 2016 9:09:56 AM
In order to be eligible to receive a dividend, a MEDT shareholder will need to hold a minimum number of MEDT Common Stock shares at the Ex-Date (the, "Threshold Shares"). Management projects the Threshold Shares will be 10,000,000 shares.
BlazeNow currently has just over 50,000,000 shares outstanding at this time. The projected minimum distribution to each shareholder that holds Threshold Shares on the Ex-Date will be 25,000 BlazeNow shares. BlazeNow is currently raising capital under its 506(c) at a price of $0.60 per share.
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