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Tuesday, October 09, 2018 2:45:56 PM
PR and filing wordings don't match:
This is the reason for the confusion:
PR: https://irdirect.net/prviewer/release/id/3322923
"all the debtholders of Vivos’ secured convertible debt have agreed to a ten trading day market standstill, during which time they agree to refrain from any conversions or to trade in our security. The market standstill will be in effect from Wednesday September 26th through Wednesday October 10."
Note it says THROUGH. Which means standstill is still in effect tomorrow.
But the filing itself:
https://www.otcmarkets.com/filing/html?id=12973622&guid=yIFZUerQaTAGs3h
"Pursuant to the notice all secured note holders have agreed to refrain from “any market activity or conversion activity” for a period of ten trading days, which will run from September 26, 2018 until October 10, 2018."
It says "UNTIL" instead of THROUGH and if the wording of ten trading days is taken literally, today is the last day of the standstill.
However, because their PR says the standstill lasts "THROUGH Wednesday October 10" seems like if it actually ends today they could be sued.
This is the reason for the confusion:
PR: https://irdirect.net/prviewer/release/id/3322923
"all the debtholders of Vivos’ secured convertible debt have agreed to a ten trading day market standstill, during which time they agree to refrain from any conversions or to trade in our security. The market standstill will be in effect from Wednesday September 26th through Wednesday October 10."
Note it says THROUGH. Which means standstill is still in effect tomorrow.
But the filing itself:
https://www.otcmarkets.com/filing/html?id=12973622&guid=yIFZUerQaTAGs3h
"Pursuant to the notice all secured note holders have agreed to refrain from “any market activity or conversion activity” for a period of ten trading days, which will run from September 26, 2018 until October 10, 2018."
It says "UNTIL" instead of THROUGH and if the wording of ten trading days is taken literally, today is the last day of the standstill.
However, because their PR says the standstill lasts "THROUGH Wednesday October 10" seems like if it actually ends today they could be sued.
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