InvestorsHub Logo
Followers 0
Posts 40
Boards Moderated 0
Alias Born 11/09/2013

Re: None

Friday, 01/03/2014 5:19:35 PM

Friday, January 03, 2014 5:19:35 PM

Post# of 92291
There are 2 distinct proposals to shareholders.

1) to increase a/s to 800k. This will allow them access to more financing through dilution. Bad if the business does not improve quickly, good if sales / licensing deals pick up because it buys fuse time.

2) reverse split 200:1. This is more or less window dressing, but may attract more investors and improve liquidity.

We will be asked to vote on both.