Monday, March 13, 2017 10:15:19 AM
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!
Visit me at Mary's Penny Picks: http://investorshub.advfn.com/Marys-Penny-Picks-5862/
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