InvestorsHub Logo
Followers 26
Posts 1341
Boards Moderated 1
Alias Born 03/06/2014

Re: Clutch29 post# 440853

Tuesday, 12/12/2017 8:21:12 PM

Tuesday, December 12, 2017 8:21:12 PM

Post# of 792658
Actually, the payments, are categorized as Dividends, although everyone knows its "interest". Dividends have to be authorized by the board of directors before they become payable ie. they have to be declared.

All that has to happen is for the board to not declare a dividend and then the payments are not due.

This is a fact.

Read the "third amendment" it clearly states this.

Its really that simple.