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old fat and filthy rich

10/09/18 2:47 PM

#94133 RE: GlefdarLivermore #94132

You're an idiot
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Volcano

10/09/18 2:49 PM

#94142 RE: GlefdarLivermore #94132

Too late
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Volcano

10/09/18 2:50 PM

#94146 RE: GlefdarLivermore #94132

Sue you for bs
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StarBlazers

10/09/18 3:22 PM

#94208 RE: GlefdarLivermore #94132

I agree with you. I was attacked before when I mentioned it too. But 9/26, 9/27, 9/28, 10/1, 10/2, 10/3, 10/4, 10/5, 10/8, 10/9 is 10 trading days....meaning it ends at the conclusion of today. See wording below...


Item 1.01 Entry Into a Material Definitive Agreement

On Friday September 21, 2018 the Company provided notice to the holders of the secured convertible debentures under terms of the path forward and restructuring agreement. Pursuant to the notice all secured note holders have agreed to refrain from “any market activity or conversion activity” for a period of ten trading days, which will run from September 26, 2018 until October 10, 2018. Further, upon completion of a financing of at least $500,000 and the repurchase by the company or sale to the company designees of at least $200,000 by the largest secured note holder, all of the company’s debt with current variable rated pricing will convert into common stock or common stock equivalents at a conversion price of $.004.
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Badgerland

10/09/18 3:25 PM

#94216 RE: GlefdarLivermore #94132

This is actually a good post. I saw that as well and could not find any clarity.

2 different descriptions.

Unless they aren't counting Columbus Day, today is day 10 and dilution can continue tomorrow.

I'll go with filing vs PR. And yes, they could have a legal issue with the wording.