GREY:SMDWF - Post by User
Comment by
JohnnyTSXon Jun 29, 2016 10:54pm
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Post# 25011025
RE:RE:RE:Letter to shareholders from George Fleming
RE:RE:RE:Letter to shareholders from George Fleming123retired2007 wrote: I read this shareholders letter very carefully, and yes i fully agree to accept a commitment to restructure Vidwrx. The commitment he needs is a vote for us to accept a share consolidation. They need to bring the outstanding shares below 40 millions shares. I fully agree with that. Otherwise it's impossible to raise money at two cents. Yes i will accept a share consolidation! Please shareholders support this. It's our last chance! George is not asking us for more cash! George will be gone by end of summer anyway. Thank you... Retired!!!
Unless something has changed, I believe George is asking for cash. I was on the call earlier this week at they are looking for existing Shareholders to post approximately $200k. If it was easy as a share consolidation or nothing, we'd do it in a heartbeat. The issue is who is going to throw more cash at this?