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Wednesday, June 24, 2020 3:27:49 PM
special meeting will be held before July 21st..
going to be a dog and pony show at the special meeting... because the entities purchased enough shares to impact the outcome. If they want to go with a RS 3.0, they won't need a special meeting.
In fact, they would send out ballot and hold the meeting for result. This is exactly why I think it's a dog and pony show at the meeting.
here's how it will go down.. something along the line of the below:
Shareholders, as you all know we are running out of cash. We were not able to obtain non-toxic funding or JV partners.
You can vote on the below options (ballot will be mail out XYZ date):
Proposal A, BO at 10cents offered by XYZ entity. Yes, it's a low ball offer by our standard. We have no other interested parties.
Proposal B, RS v3.0 (10 to 1) and will seek funding from non-toxic and toxic sources and keep the party going
-----the above is for entertainment purpose only---- IMO of course..LOL!!
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