Thursday, May 16, 2013 11:15:49 AM
The considered Convertible Preferred Shares will have these designations:
1) Non-Dilutive,
2) Yearly Dividend,
3) Conversion rate to 1000 Common,
4) Registration Rights,
5) More voting power that Common,
6) and other rights associated with Preferred Shares.
The number of Preferred Shares as dividend will depend on three factors;
1) Length of time of the investment,
2) Amount of Investment,
3) and amount of loss of investment if any.
IFXY!!!
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