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Re: bsdvs23 post# 57502

Monday, 05/12/2014 8:51:49 AM

Monday, May 12, 2014 8:51:49 AM

Post# of 163729
How do we read between the lines regarding the 12 to 18 month time period that these preferred shares are locked up? Is that the time it will take to do the uplist to a major exchange? I always wondered why they gave a time range for the shares, rather than a definitive time. I assume it gives them room to do what they need to do to uplist to a higher exchange over the next year to year and a half, then those shares will convert to common shares at the time of the uplist?