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Re: Smilin_B post# 1558

Tuesday, 05/15/2018 12:52:10 PM

Tuesday, May 15, 2018 12:52:10 PM

Post# of 1690
Even after a positive vote at the special meeting, the Securities will still have a voluntary redemption attached until October 5th, providing the assets are more than $5,000,001.
The warrants will still have the exact same terms & conditions as in the IPO. If the vote is LESS than 65%, then yes, the shares ALL get redeemed and the warrants might be eligible at the discretion of management for par value redemption at 1 cent per warrant as per IPO. Cannot make it any clearer based on SEC disclosure!
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