![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 25, 2011 11:12:32 PM
JD announced the onset of the 108k southern candle boy's debt into shares in JULY 2008......yet an agreement in principle to convert this debt into shares was...*er*....reached with the southern candle boys in the quarter ended sept. 30, 2007.
2 key points: 1) the agreement in principle was just in time to take advantage of the forward split...and
2) The process of converting debt into shares did not commence until, according to JD, JULY 2008
wanna bet it included language that protected the southern candle boys against a falling PPS i.e.- if the share price was less than PPS on the actual excercise date compared to the agreement in principle date the # of shares would be adjusted accordingly....way to go JD!!
ask JD if the collateral listed in Nevada is EXPH stock...and of course ask JD who the creditor is..... Then post your findings....carefully. Thanks ever so much in advance.
Pink Sheets...where failing private companies come to die.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM