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SweepsMcGee

03/03/14 7:03 AM

#108983 RE: Cassandra #108965

You asked:

"Why did PVEC not explain in its PR that any conversion shares would be "restricted" and not immediately freely-trading?"

The PR states:

"Series C Preferred Stock is a preferred stock that will be restricted from redemption for six (6) months from the date of issue"

It appears as though they did explain it.
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tynich01

03/03/14 8:01 AM

#109002 RE: Cassandra #108965

Because it wont be "massively diluting"