Wednesday, October 08, 2014 4:34:39 PM
See Item 6 of the Annual Report
In a reverse split of the Common Shareholders (as intent is announced in the Annual Report), the Preferred Class B will not be affected.
No Preferred Class B will be issued to the Common Shareholders. Simply the one current shareholder will control and own the Company and jettison everyone else.I wonder who that will be.
Is the management honorable? Has the management honored the contracts of its employees, consultants, former attorneys, lenders, trade creditors, etc.? Has the management protected the Common Shareholder interests by non dilution and no reverse split? Has the management ever delivered on a single PR in the past three years?
It all comes down to morality and honesty ... doesn't it....and past proven actions?
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