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Re: Get Smart! post# 79761

Tuesday, 02/09/2010 5:46:48 PM

Tuesday, February 09, 2010 5:46:48 PM

Post# of 375420
I don't think so....because if you add 300mil to the 750mil =1.05bil. 300mil is not 40% of total OS

The reason for this change is that the terms of the funding of the balance of our $350,000,000 financing requires us to issue Class B non-voting shares equal to forty percent of the total outstanding common stock to the lender.

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