Ms. Powers does not have the right to effect the exercise or conversion of any options, warrants and other derivative securities, as applicable, to acquire shares of the Company’s common stock, unless Ms. Powers provides the Company 61 calendar days advance notice of such exercise or conversion to the corporate secretary of the Company.
Does this mean that only the "corporate secretary of the Company" will know what happened, or will this have to made public in a timely filing or PR? Or will the rest of us get to know of LP's notice to the co several months after this has already happened in a 10Q or some such filing long after it matters?