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Sprycel

08/30/18 1:30 PM

#42757 RE: SilverBack #42754

I am not worried about the CEO at all! He has way too much skin in the game. In fact, he can make one announcement and take the stock to .25 easily. He has way too much more to lose by converting than he does by taking the debt in Preferred shares. Keeps the voting majority also! He does not need a shareholder vote to accomplish this. JMHO
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nathanial

08/30/18 1:30 PM

#42758 RE: SilverBack #42754

It has been posted a million times that the CEO will extend his loans and not convert anything.