InvestorsHub Logo
Followers 5
Posts 232
Boards Moderated 0
Alias Born 07/08/2013

Re: yeag1717 post# 1646

Sunday, 04/27/2014 1:03:20 PM

Sunday, April 27, 2014 1:03:20 PM

Post# of 62330
Not really. They have waited till the last day or two with each of their deadlines so far, but have always met them. Although I think they will make an announcement before trading on Monday, As I suspected, there is this provision in the contract that gives them some wiggle room, provided all the parties agree to it:

9.6 Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the Investors. Any amendment or waiver effected in accordance with this paragraph shall be binding upon each holder of any Shares purchased under this Agreement at the time outstanding, each future holder of all such Shares, and the Company.

Also keep in mind, they may have already met the deadline and just haven't announced it yet.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HCMC News