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Parsons could have easily let those notes convert

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Monte_Cristo Member Level  Sunday, 08/13/17 07:29:38 AM
Re: SkyFullOfStars post# 21493
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Quote:
Parsons could have easily let those notes convert on us and not have spent the extra $40,000 but he had absolutely no intention of jacking up the O/S on us.. i think the real magic happened from 5/31 to now.. with the issuance of shares to Eagle equities i believe that signaled the completion of the old notes clean up and more than likely the end of toxic note dilution.. of course some of the old notes converted, thats a given.. Parsons did one hell of a job cleaning old managements mess and all while coordinating the aquisition of RAD.. he deserves a hell of alot of credit for all of this while many have criticized him.. the OMVS shell was a great target even with the old notes considering RAD will benefit substantially tax wise from the $3.5 mil NOL it also contains



Spot on, Sky. People who read the filings carefully have seen Garett's masterful work with the convertibles. More confirmation now with Eagle Equities being labelled as a friendly holder.

OMVS

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