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Re: Magnum7419 post# 26762

Monday, 03/13/2017 10:15:19 AM

Monday, March 13, 2017 10:15:19 AM

Post# of 65785
Email from WW states that clause was solely put in place to ensure shareholder value and to help attract traditional financing:


The purpose of the elimination of the anti-reverse clauses in the series B & C preferred stock was to demonstrate management commitment to ensure all shareholder values and objectives are aligned.

Furthermore, while the "anti-reverse" clauses existed, it would make it impossible for the Company to attract traditional institutional and/or accredited investor financing.

Regards,

Will

William Waldrop
CEO
Signal Bay, Inc. (OTCQB: SGBY)
702-343-7470


He has said in the past there will be no reverse split, and it still stands!