questions and answers from IR: I sent the questions in separate emails, so I assume he hasn't had time to respond to my second email yet. I've included the questions I'm still waiting on
Question:
Can Long side convert at any time, or do they have to wait 6-months to convert as we’ve seen in the past?
Answer:
Yes, the debenture holder (investor) has the right to convert to common shares at anytime
Quesiton:
Is it FEEL mgmt’s opinion that Long Side will convert the entire $250k worth into common shares?
Answer:
Although we can not guarantee the investor will choose not to sell the stock, we expect the investor to be a long term holder.
Question:
What is the current outlook, given the details of this deal concerning shareholder value?
Answer:
We also wholeheartedly believe once we are able to consolidate the businesses, FEEL stock price/market cap will reflect the true value of the company, this said, shareholder value will increase
Question:
The 8k mentions that Long Side retains the shares of Proline, will the Proline shares be returned to FEEL once the convertible balance is paid in full?
Answer: still waiting on response....
Question:
What is the current share structure, I understand the TA might not have all of the information as of yet that pertains to this deal?
Answer: still waiting on response....