![](https://investorshub.advfn.com/uicon/163395.png?cb=1657208510)
Sunday, August 20, 2017 3:04:51 PM
1) That they have discussed the matter in detail with their attorney (and not just shot from the hip and put out an 8-K one hour after UF contacted them) ... and they are aware they will lose their voting rights as preferred shareholder's;
2) That they are now aware they (first) must amend their Articles of Incorporation before doing the conversion (the proposed conversion is more involved than simply contacting the OTC),
3) That FINRA has approved the proposed dividend; and
4) Lastly, as a show of good faith, they will significantly lower the AS from 100 mil, to 40 -50 mil to avoid the speculation of dilution.
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