Replies to post #8491 on KeyOn Communications Holdings, Inc. (fka KEYO)

[TrueTrades]

Here is another translation. Let's see if this one registers.

"KeyOn Finalizes Consummates Conversion of $15 Million of Debt Into Preferred Stock and Warrants

-- Dr. Patrick Soon-Shiong becomes KeyOn’s largest and controlling shareholder as the Company extends broadband footprint and expands services to facilitate healthcare delivery using advanced technologies in rural communities --"
http://www.sec.gov/Archives/edgar/data/1335294/000117120011000229/i00114_ex99.htm

And the verbiage for basically the same thing that happened a little more recently with ConkWest:

Following this offering, our Chairman and Chief Executive Officer, and entities affiliated with him, will control more than a majority of the voting power of our common stock. As a result of their ownership, they will be able to control any action requiring the general approval of our stockholders, including the election of our board of directors, the adoption of amendments to our certificate of incorporation and bylaws and the approval of any merger or sale of substantially all of our assets. We will be a “controlled company” within the meaning of the NASDAQ corporate governance rules. See “Management—Controlled Company.”
http://www.sec.gov/Archives/edgar/data/1326110/000119312515254266/d917371ds1a.htm

It's clear you are just arguing for kicks. Have fun with that! ;-)

“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.”

You got that right!