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Re: iLEAD post# 13878

Friday, 12/09/2011 11:17:12 AM

Friday, December 09, 2011 11:17:12 AM

Post# of 183824
MacCheyne is investing $900K into a company with a $900K market cap valuation.

But he's barred from obtaining controlling ownership, or exceeding 49% of the shares.

Through the new Series C privileged shares (that they gave to themselves), Riss & Richards automatically control the company, no matter how diluted their own shares become.

They outvote all of you shareholders.
Think about it.