"To the extent that the Non-Convertible Series NC Preferred Stock may have Anti-Takeover Effects, Regen believes that the ability of Regen to issue shares with such voting power will encourage persons seeking to ACQUIRE Regen to negotiate directly with the Board of Directors enabling the Board of Directors to consider the proposed transaction in a manner that best serves the stockholders’interests."
Notice the proactive context using the plural subject tense.
With this, your Post is "spot on", i.e. both "Tentative" & "Multi-Party."
Other words, Koos very possibly is wheeling and dealing a Buy Out OR Merger-Acquisition, only question is...with who? The probability of this is very high IMO, if not, then one has to ask themselves what's the point of this 8K??
This 8K would definitely be consistent with what I've always maintained; WHY would he file this unless he has the intention to SELL to the highest bidder??...in the best interest of the shareholders. And this extends to him rushing to pull everything together with re-activating RGBP's expired Patents and hiring a professional auditor to get all the filings SEC current. All of this seems to fit "hand in glove."
Seems logical to me, but who am I to judge?
The 20/20 here is it really doesn't take a rocket scientist to decipher the proactive intent of this 8K.
One thing's for certain however....WE ARE ABOUT TO FIND OUT REAL SOON!
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