Agoracom: Small Cap Investment - e.Digital - Re: Shareholder Meeting

Reply New Message

Prev Message Back To Forum Threaded View Next Message

trillium

Rank: President [?]

Points: 4166 [?]

Votes: 51 Score: 4.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Shareholder Meeting - Sinkman

in response to

Re: Shareholder Meeting

Sinkman

posted on Jul 02, 2008 10:20AM

Since you brought it up I thought I'd bring your attention to the fine print.

3.5 Increase in Authorized Shares. The Company will use its reasonable best efforts to obtain an increase in its authorized Common Stock such that thereafter it will at all times reserve and keep available out of its authorized Common Stock, solely for the purpose of issue upon the conversion of Series AA Preferred Stock and exercise of the Warrants as herein provided, such number of shares of Common Stock as shall be equal to the Underlying Shares.