Of course that isn't accurate as usual - it states that the Series A Preferred Shares owner gives notice to OWCP they are waiving the maximum percentage and it is effective for 61 days following the notice.
I assume you didn't notice that clause wasn't included in the past 2 shareholders vote about a reverse split.
Turner got the true believers once again. LOLOL!
That is why Turner wasn't pushing the proxy information out very quickly - and doesn't care that the abstaining votes (which count as a no vote) as he knows that the DGF votes will carry the yes votes on the reverse split.
Since you claim to talk to Turner - ask him in an email why that clause was included and include a screenshot of the response.
The OWCP insiders keep screwing over shareholders and making them like it. All the way from $3.23 to a sub-penny - now that is funny.
The Def 14A states that if the Series A Preferred Shares owner gives notice to OWCP they are waiving the maximum percentage and it is effective for 61 days following the notice - that means the 4.99% maximum is waived and the preferred series A are voted as fully diluted.
I assume most didn't notice that clause wasn't included in the past 2 shareholders vote about a reverse split.
Turner got the true believers once again. LOLOL!
That is why Turner wasn't pushing the proxy information out very quickly - and doesn't care that the abstaining votes (which count as a no vote) as he knows that the DGF votes will carry the yes votes on the reverse split.
Ask Turner in an email why that clause was included and include a screenshot of the response.
The OWCP insiders keep screwing over shareholders and making them like it. All the way from $3.23 to a sub-penny.