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Re: Canna_Trader post# 153485

Wednesday, 01/13/2016 8:10:34 AM

Wednesday, January 13, 2016 8:10:34 AM

Post# of 290030
There are some safe guards

"The shares of Series Z Preferred Stock, Series B Preferred Stock, and Series Q Preferred Stock that are issued but not paid to the Black Oak shareholders at closing will be subject to certain holdback and lock-up provisions, and held in an escrow account as security for the satisfaction of any post-closing adjustments or indemnification claims, as provided for in the Merger Agreement."