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thegoldenstrand

07/10/16 5:23 PM

#27315 RE: idcc2006 #27300

yes, convertible note holders have it written into contract made thru Maxim that they are not to hold greater than 9.99% of stock... period... they can only go over for a short period of time.. also Management had written in if they go over limit.. voting rights go to Management for any shares over the limit. We need to take a look at time limit.. it appears it is extended if cannot sell.. like current agreement until shareholder meeting has taken place.

leifsmith

07/10/16 8:41 PM

#27322 RE: idcc2006 #27300

That's my question too: "have to sell?" Don't see why. May sell, I understand, but not have to.