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Re: christjamin post# 22444

Thursday, 01/08/2015 1:00:24 AM

Thursday, January 08, 2015 1:00:24 AM

Post# of 87250
Then they need to find some other way around this outside of the reverse split:

1. Negotiate with the note holders on some sort of settlement.
2. Find new money and pay off the older debt.
3. Take this company private/find a buyer


But don't let this RS take place with the blank check preferred shares to wreak havoc on the share price forever. I'd be willing to vote yes to an increase in authorized shares if the company provided a full conversion and settlement of all debt to get it over with once and for all.
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