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Re: skichic post# 3243

Tuesday, 12/15/2015 10:27:03 AM

Tuesday, December 15, 2015 10:27:03 AM

Post# of 19879
highly unlikely!!

management issued these preferred so that the chairman and ceo continue to be majority shareholders (when it comes to voting rights}. converting would put that at risk.

my guess is that management is forecasting, when dilution is done and over with, to have 300-350m outstanding. this means we will have about 30m outstanding after RV.

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