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Seaam

10/09/14 5:19 AM

#130546 RE: tynich01 #130542

Disagree ... if, and that is a big if, any operations commence, their will be a major need to sell shares and transact shares to the strategic partners. You are looking at repetitive dilutions, R/S's, etc. IMO.

There are conversion privileges to Peter's Preferred Stock as per contract signed by former management Al Ayers /Ed Salmon and Peter.
This can be confirmed via former Controller and others.

I am glad you acknowledge that Peter has absolute majority control of PVEC.

I guess one needs to look at Common Shareholder minority rights...but that would be a potential lawsuit issue bought by the Common Shareholders who just got screwed.