InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,174.00
(
1.14%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.17
(
-0.02%
)
Bitcoin
61,732.32
(
-0.11%
)
Post# of 148335
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

pitboss22

Send PM Follow Ignore
Followers 29
Posts 5209
Boards Moderated 1
Alias Born 07/11/2011

pitboss22

Re: pepeoil post# 143958

Wednesday, 09/09/2015 10:04:12 AM

Wednesday, September 09, 2015 10:04:12 AM

Post# of 148335
Yes, it seems they've dropped all pretense of honoring the Series C Preferred Shares.

The Series C shares have been eligible for redemption at 20 cents per share since last year. Since then, the company has been stalling in an effort to put off shareholders beyond the redemption expiry. As that expiration date approaches, we can expect to see announcements of lawsuits filed against the company seeking payment for the shares.

The company is legally obligated to pay this $4 MILLION debt to shareholders. I suspect we may see legal action against the company announced as early as next month.

Good DD IS NOT just reciting the PRs and company handouts and looking for the good. Those things are never hard to find.

Good DD IS finding out what the company and CEO do NOT want you to know.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM

ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM

Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM

Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM

Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM

Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM

Start posting your company's news
Only $200 per official company press release!