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BoomSoon

06/20/16 9:59 AM

#33856 RE: EVL #33855

EVL, I suspect that you are exactly right…

We’re looking at a new company, no doubt. Martin and John are history… hard to believe. The founder is history and writing books and maybe on to making movies… John apparently got tired of submitting company debenture to the SEC.

A new direction.

Doug mentioned in the CC something to the effect that the New Company will “start with one product line and we’ll transition quickly from NDSU to the toll manufacturer and focus on five major markets the next twelve months… CSpace now is long-term and the image chamber will be silicon-based material…” Another hard to believe… CSpace taking a back seat.

Yes, I suspect that June 15 went as planned and we do have a licensing agreement with NDSU. Perhaps this will be part of Doug’s first presser as CEO… he did mention that he would provide a list of the IP obtained from NDSU.

Hello… Dr. Phil.

So long Martin and John… it’s been good to know ya.
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BoomSoon

06/22/16 10:57 AM

#33874 RE: EVL #33855

Signed, sealed and delivered?

Date of Report (Date of earliest event reported): March 22, 2016 (8-K)

7. Conversion or Redemption. The shares of Series B Preferred shall be subject to the following discretionary and mandatory conversion and redemption provisions:

b. Mandatory Conversion Event.

(iii) “Share Exchange or Merger Transaction” means any transaction for which the Company enters into a share exchange agreement or agreement and plan of merger, which agreement is executed within ninety (90) days after the date hereof and pursuant to which the Company thereafter becomes a consolidated company with another entity, and the Company issues equity securities of the Company, even if such issuance would be deemed a Change of Control.

What say you, Doug?