InvestorsHub Logo
Followers 3
Posts 4060
Boards Moderated 0
Alias Born 06/27/2017

Re: Traderfan post# 116234

Friday, 08/04/2017 4:28:30 PM

Friday, August 04, 2017 4:28:30 PM

Post# of 163719
They better not convert any of these stocks to common stocks before the ex date of Tri-Way...

This part looks promising though;

The board of directors believes that the increase in our authorized Common Stock will provide us with greater flexibility with respect to our capital structure for purposes including stock based acquisitions



This does not;

The board of directors does not anticipate additional shares of Common Stock, options and/or warrants to be issued in the future, other than issuances of equity awards to its employees, officers and directors.



And this seems to me to be total BS;

We could also use the additional shares of Common Stock that will become available pursuant to the Amendment to oppose a hostile takeover attempt or to delay or prevent changes in control or management of our company

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.