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Re: MDR310 post# 15442

Thursday, 03/22/2012 12:54:29 PM

Thursday, March 22, 2012 12:54:29 PM

Post# of 54436
Hello, one thing I do not understand
you said: 2. Responsibly raise funds through currently available financing instruments (convertible debt), take advantage of the currently existing opportunities and make the company profitable again.

Yet: 2. 4,499,998 shares of its common stock to pay dividends on the Series A Convertible Preferred Stock.

Why do we have to pay for the dividends on the series A preferred stock?
Should the company not first show a profit before dividends are paid to anyone?

Regards,


MAX