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mstoneinv

02/20/15 6:02 AM

#149095 RE: tpecj #149094

Shareholder approval is a RED HERRING, very, very few R/S's that are proposed by are voted down.


And the reason for that is because if a proposed RS does not go through so more shares can be sold (more dilution) and critical funds raised to sustain operations, it means game over. Existing shareholders may hate it, but they would hate their shares becoming worthless even more.
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Banks

02/20/15 6:17 AM

#149096 RE: tpecj #149094

A RS is surely coming down the road. Those that don't believe it are fooling themselves.
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mytvsbroke

02/20/15 10:03 AM

#149098 RE: tpecj #149094

A 1 for 2, or a 1 for 3 --- if directly tied to and required by a no bullshit funding deal is the only acceptable roll back pour moi ..