They might want to read and understand this 8K!
The effect of this transaction is to assure that Robert E Yates will hold sufficient shareholder votes to control the Corporation, even if the Corporation elects to issue substantial numbers of additional shares. In adopting the Board resolutions authorizing this transaction, the Board stated, “… it (is) critical to create a mechanism whereby control of the corporation be retained with existing management, while at the same time the Corporation be placed in a position to issue substantial additional shares in order to obtain additional capital for the corporation, and potentially in connection with one or more acquisitions which might occur.”
The Corporation is not currently party to any binding definitive agreement to make an acquisition or to issue additional securities, other then what has been disclosed in previously filed reports. PLSB
DD PAYS IN THE LONG RUN!
SO DIG IN
