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kevindenver

07/13/17 1:52 PM

#227625 RE: Axxeman #227620

Agreed the terms of the preferred could be amended too.
As long as the common shares are marketable, a R/S can be delayed for the other reasons, like to uplist. However, sometimes it's time to bite the bullet when the share count gets unwieldy and bloated.

The net shift in corporate equity upon a corporate action like the proposed R/S must also be looked at. Especially when we know of "other reasons" why a R/S in the future is required.

Hint: 2018 California, banking, balance sheet clean-up (caveat emptor, common equity holders) R/S, uplist.

Times to be in, times to be out for TRTC. IMO.