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tothe

07/23/17 1:38 AM

#34140 RE: jerryhidalg10 #34139

We have until August 30 to figure this out when our proxy votes gets counted. Also the third quarter 10Q due around August 15 will be heavily analyzed and will influence the vote.

Now the $3M mezzanine financing commitment from two institutional investors does not look bad because it is the traditional financing we have been squawking about all along.
http://www.otcmarkets.com/stock/SGBY/news/Signal-Bay--Inc--Parent-Company-of-EVIO-Labs-provides-Corporate-Update?id=165076&b=y


mezzanine financing
http://www.investopedia.com/ask/answers/031015/how-are-mezzanine-loans-structured.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186

Magnum7419

07/23/17 8:40 AM

#34143 RE: jerryhidalg10 #34139

There are bad reverse splits......in this case its good not bad, why? because the R/S is for uplisting and the conversion rate is fair for commons as well as preferred shareholders IMHO based on what we know today