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Re: Clutch29 post# 440853

Tuesday, 12/12/2017 8:21:12 PM

Tuesday, December 12, 2017 8:21:12 PM

Post# of 800627
Actually, the payments, are categorized as Dividends, although everyone knows its "interest". Dividends have to be authorized by the board of directors before they become payable ie. they have to be declared.

All that has to happen is for the board to not declare a dividend and then the payments are not due.

This is a fact.

Read the "third amendment" it clearly states this.

Its really that simple.