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entertaininvesting

08/18/15 2:35 PM

#2580 RE: roundcube #2579

Also, any change in BoD requires shareholders' vote and yet, the company didn't file one.

Using the term "exclusive sales agreement" doesn't make the company stay away from regulation. At PTOP, all the current management/board members resigned at the same time it signed "exclusive sales agreement" and appointed C2A to take over the management. This is a M&A transaction with change in majority control.