Replies to post #13762 on Caduceus Software Systems Corp (CSOC)

[carbonfiltered]

Looks like the debt was converted out to restricted common stock - there has been NO DILUTION- and now that AS is almost maxed out the rest of the debt has to be cancelled per the terms in the 8K filed by CEN-

“CSOC shall convert all of its outstanding debt into shares of CSOC Common Stock. For the avoidance of doubt, such converted shares of CSOC Common Stock shall constitute a part of the RETAINED SHARES (non dilutive) of CSOC as referenced above."

This is why the shares were RESTRICTED upon issuance.

CEN is to take control of 98% of OS-

Tang and others already hold 82.4% leaving just 15.6% or 129.95 million shares needed for the full 98% control exchange.

Someone (besides me) has been absorbing these shares on the bid......