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Re: Jerry70 post# 7049

Monday, 09/09/2013 1:55:30 PM

Monday, September 09, 2013 1:55:30 PM

Post# of 12651
I'm not sure what you are saying I have missed in the licenses agreement. The .70 PPS value is guaranteed by SAFC making up any shortfall in additional shares. It does allow that another solution can be negotiated to replace SAFC making up any shortfall in additional shares but there is no way for SAFC to force another solution--it has to be agreed upon.

IMO, SAFC has nothing to offer but the additional shares to make up the $5.2 million they sill owe.
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