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reader3

03/26/18 1:26 PM

#141692 RE: nodummy #141688

Ah yes, but we're talking about the series B. And there is a PR from September 2012 that talks about adjusting the value and conversion price at that time, so this right must be part of that series.
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whynot3

03/26/18 1:34 PM

#141705 RE: nodummy #141688

if you thought about it you'll discover that it's a genius way to force them to slow down their conversions and selling their shares as if they continue in their act they will have only 0.002 value per share vs $2(although last time I checked it was $1) if the company had to dissolve as a result of their act of selling their shares.

smart decision,isn't it?
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trader59

03/26/18 2:01 PM

#141730 RE: nodummy #141688

Thank you. Do the current holders still have a window to convert at current rates?