Monday, January 25, 2010 7:45:00 PM
Posted by: rodman Date: Sunday, January 24, 2010 10:34:18 AM
In reply to: seattleiowahawki who wrote msg# 5635 Post # of 5677
Although they are not set up to do this VSPC-VGREF could issue warrants to Mr chang to purcchase VGE common in the future. Also options available to him as part of his compensation. Regardless Mr Chang is no more interested in diluting VSPC then we are. A nice contract and long term liability would resolve this issue.
How could he lose with a 5 million note payable at say 8%?
But its easy to say so we need the contract which will come.
Rodman may have the best idea to prevent the dilution of VSPC shares.....imho....glta
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