Shareholders know the Pied Piper triumvirate are bashing for self-interest, throwing out of context, false inference and meaningless data which is point in time. All of which intended to deflect mislead and CREATE CHAOS.
The triumvirate should learn and understand SEC instructions and reporting rules. Do not even suggest last year aged debt fixed settlement was not carefully crafted for the best outcome for the company and shareholders. Management reported as required. Bashers always try a one size fits all, not accurate. You are getting paid, learn the regulations not another litany of name calling.
No revisionist history. Settlement of fixed shares, CD canceled. Subject to 6 month minimum rule , issued as Restricted. That is DBMM role.
March 2022 was before FINRA approval and before CE dropped. No one was “destroyed” that is total BS.
As per filing, eachSettlement of Aged CD Debt is unique and is reviewed and approved by Company Legal Counsel. Settlement cancels CD, interest and all terms. The fixed shares were issued as Restricted. The Company issued them Restricted under the Settlement with the lender and by regulation . All settlements benefit company and so state.
Subsequently, the lender would then need a separate Legal Opinion to have unlegended shares issued which meets Rule 144 criteria. Company would have no role here.
Always revisionist history. Learn the regs .
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