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Re: SpideyCents post# 110153

Wednesday, 11/12/2014 8:40:32 AM

Wednesday, November 12, 2014 8:40:32 AM

Post# of 163728
Yeah...NS...you took the words right out of my mouth!

Its the headlights of a bankruptcy train you're seeing.

But first there will be a REVERSE SPLIT
and they will drag this out for a few years, while the reap as much as they can!

Notice no one has EVER come up with an alternative solution to that little problem rearing its ugly head in March/April???LOL!!!

"Each outstanding share of Series E Preferred Stock shall be convertible into five hundred (500) shares of Common Stock at the option of the holder in whole or in part, beginning three hundred sixty (360) days after the Issuance Date."

"The Corporation covenants that it will at all times instruct its Transfer Agent to reserve and keep available out of its authorized and unissued Common Stock solely for the purpose of issuance upon conversion of Series E Preferred Stock"
http://www.sec.gov/Archives/edgar/data/1486526/000135448814002399/froz_ex42.htm

TIC TOC!!! REVERSE SPLIT COMING!!!