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Thursday, April 23, 2015 11:31:26 AM
Also The Agreement States The Convertible Notes Will Be Treated As Equity As Opposed To Debt!!!!.., Which Looks Much Better On The Books!!!
This Agreement Will Attract Potential Big Pharm Giants Sniffing Around ADMD Looking To Strike Deals Upon FDA Approval.....In Addition 500K Of Debt Has Been Eliminated From The Balance Sheet.....,Which Means NO DILUTION""
Most Importantly Players This Move Was Strategic....Why Do You Think Management Made This Move, And Why Was In Announced Before FDA Approval????
Simple ADMD Is Auditioning For Successful Marketing..,Financing.., & Or J/V......Or BUYOUT!!!!
Remember The Other 1Milly Note Is Restructured As Well And Will Not Be Able To Convert Till 2017!!!..,And Several Other Lenders Have Agreed To The Same Terms As Cadwells~
Under terms of the newly created Series A, upon completion of an up listing transaction to a national exchange, all shares of Series A stock will convert into common stock.
All In All Players This PR Was Meaty & Very Crucial Prior To FDA Approval, So Get Ready For Fun Times Here On ADMD, Because The H-BOMB Is About To DROP!!!!.. FDA APPROVAL <<<<<<<<Boom!!
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