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Tuesday, November 10, 2015 12:34:48 PM
Unable to be specific about the terms of the agreement the company did reveal that they require audited financial statements and the upgrading of the company's exchange listing to a NASDAQ tier. It was also implied that additional arrangements of the funding agreement would soon be evident in disclosure and potentially obvious in financial reports.
I believe this would require a reverse split for the minimum pps for a NASDAQ listing.
http://www.otcmarkets.com/stock/SYNJ/news/Syndication--Inc--CEO--SIGNS--3-MILLION-LOI--LAUNCHES-the--quot-ARCHER-FUND-quot---PRIVATE-INVESTMENT-COMPANY-BANKS-ARCHER-SOFTWARE-SEE-S-INDUSTRY-DISRUPTER--amp--REVEALS-1ST-PHASE-LONG-TERM-HEDGE-FUND-FINANCING-INTENT-?id=117753&b=y
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