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Re: mordicai post# 603262

Sunday, 12/22/2019 10:41:37 AM

Sunday, December 22, 2019 10:41:37 AM

Post# of 749756
MORDI


"""the underwriters were Class 18 or "equity". And POR 7 was voted on and approved with a preferred equity definition which does not include them"""

THE ONLY EQUITY at the time WAS ONLY Class 21 or Class 22 !!!!!!!!!!!!

ONLY UNTIL MARCH of 2012 were the preferds DEFINED BY THE COMPANY as EQUITY!!!
NOW WE ALL VOTED on POR 7 based on what was DEFINED in it at the time and that was plain and simply that CL:ASS 19 could not BE DILUTED, only Class 22 and Class 21 could be diluted!!!!

And it doesn't matter if we at the time KNEW those conditions or not, THEY WERE NOT supposed to be place in CLASS 19, only in 22 or 21.

Just like any contract or agreement the CONDITIONS of either of those MUST BE FOLLOWED, if they are in or against your best interest, ALL CONDITIONS apply

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