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Monday, August 03, 2015 1:40:09 PM
Both of the funding parties that are offering this plan have indicated that they will require that HHSE make some changes: a). The hiring of an experienced public-company Chief Financial Officer; b). The requirement that the Form 10 be filed expeditiously, but not prior to the closing and funding; c). The HHSE Board be increased to at least three (and preferably five) members; d). That a separate "President" and general manager for the VODWIZ division be hired and paid for with a portion of the funding proceeds.
So if the form 10 is ready to file, HHSE can't because its a requirement that it's not filed for the new MEGA funding ????
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