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Technology Stocks : Immediatek Inc. -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (16)1/29/2006 9:18:10 PM
From: M0NEYMADE  Read Replies (1) | Respond to of 43
 
,,,,,,,LOL Have you seen this part ruff Unreal: "Additionally, under the JSM Release, the Company will, after the consummation of the ten-for-one reverse stock split and prior to the closing of the purchase and sale of the Series A Convertible Preferred Stock, issue to JSM a total of 1,264,068 shares of Company common stock, or such other amount necessary to result in JSM holding 25% of the outstanding Company common stock immediately prior to the closing of the purchase and sale of the Series A Convertible Preferred Stock."

Another sweetheart deal besides Cuban.