InvestorsHub Logo
Followers 137
Posts 3593
Boards Moderated 0
Alias Born 09/10/2013

Re: scooterjames1 post# 142198

Wednesday, 06/11/2014 12:47:32 AM

Wednesday, June 11, 2014 12:47:32 AM

Post# of 298910
I believe Ed is planning a strategic scenario to retire shares in the future.
My earliest guesstimate is after audited fins when we qualify for OTCQX, if at anytime we come close to dropping below .10 he would retire shares to ensure it does not drop below if the PPS doesn't naturally stay above.
After we uplist to OTCQX institutional investors will also be looking for Ed to retire more shares since they were created to prevent a hostile takeover rather than awarded.
The series A preferred ensures a hostile takeover is considered a Non Issue.

MYEC

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.