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Greedy G

06/08/14 4:59 PM

#28468 RE: The Claw #28467

You can say the same for Asher, Ironridge etc..... Toxic debt, is toxic debt. Anyways HRDN will run. And you will be wrong.
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Fat Thor

06/08/14 5:01 PM

#28469 RE: The Claw #28467

Yes
So if you know Southridge history; you know there will be put options.

This will sooner than later inexplicably start running; typically this is how Southridge will operate

During the term of the Purchase Agreement, the Company may at any time deliver a "put notice" to Southridge thereby requiring Southridge to purchase a certain dollar amount of the Shares