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Wednesday, March 12, 2014 12:43:39 PM
SHOCKING!!!!
(Oh...it must have been a "typo"??? LOL! I've heard THAT before!)
http://www.sec.gov/Archives/edgar/data/1486526/000135448814000768/froz_8k.htm
"Furthermore, the Settlement Agreement provides that, for so long as IBC or any of its affiliates hold any shares of Common Stock, we and our affiliates are prohibited from, among other things, voting any securities of Frozen Food Gift Group, Inc., in favor of: (1) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving us or any of our subsidiaries, (2) a sale or transfer of a material amount of our assets or our subsidiaries’ assets, (3) any material change in our present capitalization or dividend policy, (4) any other material change in our business or corporate structure, (5) a change in our charter, bylaws, or instruments corresponding thereto (6) causing a class of our securities to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association, (7) causing a class of our equity securities to become eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended, (8) terminating our transfer agent, (9) taking any action which would impede the purposes and objects of the Settlement Agreement or (10) taking any action, intention, plan or arrangement similar to any of those enumerated above. These prohibitions may not be modified or waived without further order of the Court"
But hey! WHY WORRY, EH???
cuz allegedly IBC is all out!
LOL!
Funny how the volume is switching over to SELL...But I'm SURE FROZ will still hit 7¢ today...
right???
I'll just wait and see how this plays out, thanks!
"the problem with following the herd is that your ultimate destination is the slaughterhouse" ...Chuck Carnevale
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