InvestorsHub Logo
Followers 6
Posts 1113
Boards Moderated 0
Alias Born 03/20/2008

Re: None

Thursday, 03/20/2008 2:26:40 PM

Thursday, March 20, 2008 2:26:40 PM

Post# of 26547
(n) No Merger or Sale of Business. For so long as the Convertible Debenture is
outstanding, the Company hereby agrees that it will not merge or consolidate
with any person or entity, or sell, lease or otherwise dispose of its assets
other than in the ordinary course of business involving an aggregate
consideration of more than ten percent (10%) of the book value of its assets on
a consolidated basis in any 12 month period, or liquidate, dissolve,
recapitalize or reorganize.

What does this mean????

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.