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Re: El_Jefe42 post# 53753

Friday, 09/15/2017 8:37:11 PM

Friday, September 15, 2017 8:37:11 PM

Post# of 81999
I'm not sure whether the registration is to give the investor the choice of shares vs cash, or the choice to sell shares. In other words, it's clear that this prospectus in no way obligates the investor to sell the shares, but I think the act of registering the shares for sale MAY indicate that the investor has exercised its right to accept shares over cash in satisfaction of the loan. Why go to the expense and trouble of registering shares for possible sale if the shares haven't even been placed with the investor?


But I'll offer the same caveat as you -- I ain't sure either! Anybody know more definitely?











Looks to me like they are registering the shares giving the investor the option if they so choose shares vs cash. Don't know for sure though.
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