milo, "things unforeseen to management occurred that caused - in their best opinion - the absolute necessity to attach an addendum (RS of convert' prefered) to their stated offer."
What that means to me... Paul says, screw the shareholders lets R/S the converted shares... this way we have more shares we can dilute with.
Errol says, ok boss but they will be very mad at us. What I'll do is when they send in the certs for conversion i'll give them 175-1 of whatever back. Boss does that mean I can finally get a raise.
Paul says, good boy Errol, now go get my coffee.
Milo... get what i mean.
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