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Stocked55

11/25/20 5:24 PM

#154665 RE: Truth022809 #154662

To the lawyers. Is this true and if so what is the point of voting then?

MastaBeta

11/25/20 6:24 PM

#154668 RE: Truth022809 #154662


I know, that's my point. Put conditions into the vote and then he's bound by them. Right now it just grants the power for an RS at whatever time before June 2021 for whatever reason at whatever ratio deemed necessary.

Imagine asking a bank for a loan. Then tell them, "Well let's not put any payment terms into the contract. Call me tonight and I'll tell you some BS over the phone. Just don't want it in writing."

whatdoyouseek

11/25/20 6:37 PM

#154669 RE: Truth022809 #154662

Many things are left out from the proxy intentional or not. At this moment, only protection that we have is to vote no. We are blind sided by the RS vote. I encourage RXMD to pursue traditional financing since they are making a good progress and inching closer to profitability. Bank rates are very low. They must be willing to lend money to a promising business.