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janice shell

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janice shell

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Re: CGardener post# 66648

Saturday, 05/03/2014 6:05:18 PM

Saturday, May 03, 2014 6:05:18 PM

Post# of 222060
Seems the company cut its deal with Wellington last 15 July. And as far as I can see, it hasn't yet made any progress toward becoming exchange-listed.

Does that guy understand that a rather large reverse split would be needed to get the share price to a level that would meet the NYSE MKT's listing standards?

http://www.sec.gov/Archives/edgar/data/1415998/000121465914002747/ex10_82.htm

Of course, the $50,000 advisory fee was paid immediately:

http://www.sec.gov/Archives/edgar/data/1415998/000121465914002747/ex10_83.htm

They certainly have a lot of convertible debt… Not so much in terms of the money involved as the number of them.
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