RE:Management isHere`s what is really troublng. Even CEO Dodd must realize he signed a deal that borders on destroying the company. Who would buy shares on the open market with these terms. The B warrants expire in October 2016 and from now to then will be a huge short position.
As of the record date for the meeting of Oct. 14, 2015, there were 544,179,214 issued and outstanding common shares and approximately 5.3 million issued and outstanding Series B share purchase warrants, representing approximately 17.7 per cent of the number originally issued.