InvestorsHub Logo
icon url

Magnum7419

01/13/16 8:10 AM

#153488 RE: Canna_Trader #153485

There are some safe guards

"The shares of Series Z Preferred Stock, Series B Preferred Stock, and Series Q Preferred Stock that are issued but not paid to the Black Oak shareholders at closing will be subject to certain holdback and lock-up provisions, and held in an escrow account as security for the satisfaction of any post-closing adjustments or indemnification claims, as provided for in the Merger Agreement."