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graydave

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graydave

Re: None

Thursday, 03/19/2015 10:18:50 AM

Thursday, March 19, 2015 10:18:50 AM

Post# of 160012
8k filing out. Will this mean massive dilution? Who is the Board that approved? Steve?

Item 8.01 Other Events
Series A Convertible Preferred Stock Conversion

The Company CEO Steven Samblis has elected to convert 35 million shares of the Series A Convertible Preferred share which he holds into 350 million shares of Imagination TV common shares.

On Wednesday, March 18th, 2015 the Board approved the conversion.

The total common shares issued and outstanding upon this conversion are 426,256,51.






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