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Re: None

Wednesday, 05/08/2013 2:07:23 PM

Wednesday, May 08, 2013 2:07:23 PM

Post# of 45799
Can a moderator please sticky the following response from Investor Relations:

"The preferred shares is priced at $2.50 per share, it converts at the par value of the company, in this case $0.00001 par value. When we restructure the common share price to $2.50 per share or there a bouts, the shareholders of record, meaning those who own the C&D convertible preferred securities will be asked to send their PREF security to the TA to convert 1 PREF share into 100,000 common, those securities are restricted for 6 months, but now you will be part of the Issued Capital. Then we will register over 25% of the Issued Capital to the Float so that your 100,000 common shares are freely traded at the new price. CDFT will have a licensed Underwriter to handle the liquidity in the market, so that you can sell those securities. Any future securities sold, will require a 6 month hold beyond the registration statement and is subject to an Issuance Resolution from the public company. These securities will also earn a dividend during that time."

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