EFFECTIVE DATE (14 business from 10/30) 11/19 8K DEADLINE 11/04 No Dilution until 12/19 (and only 33% of shares issued in total for debt swap) 33% the following month and so on.
thank you for that post, that's what i have been looking for.....EFFECTIVE DATE 11/19
The stock will be issued before the effective date, as well as the convertible notes, warrants, and cash payments to the convenience class. The recipients can't sell any of it until the effective date. There is no 30 day delay, each recipient can sell 33% in the first 30 days after effective. That is very clear in the POR despite the "denial phase" going on.