Sunday, September 13, 2015 12:33:14 PM
" 9 out of 10 actual cert holders would vote to extend the time"
Clearly just made-up numbers. Please show where Series C shareholders were ever polled. The company is clearly putting out misinformation in an effort to STALL shareholders until it is too late!
The redemption period expires in JUST SIX MONTHS, on March 17, 2016, according to the Company Bylaws, quote below.....
Because of this clause, TIME IS OF THE ESSENCE for Series C shareholders in filing suit to collect what is due. If they wait too long, the redemption period will expire and then shareholders are SOL! (Which is what the company and non-Series C holders want)
The company has LIED to some shareholders about "no expiration". They have LIED to shareholders about distributing the share certificates to everyone due them as some, and I suspect many more that do not post here, have STILL not received them.
They have LIED about the need for a vote as there is NO requirement for a vote regarding redemption in the authorization and Bylaws. It is up to the individual at the time they decide to redeem the shares. That is why the 18 month timeframe for redemption was provided for.
The following quote pretty clearly establishes the redemption value and the individual choice of redemption method.....
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.
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