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Microcap & Penny Stocks : Pivot Technology Solutions, Inc -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (93)12/10/2013 6:44:10 PM
From: Acton  Read Replies (1) | Respond to of 497
 
Will find out tomorrow on a call with Marc but if they do then I suspect a group wants in here prior to take off.



To: Rocket Red who wrote (93)12/10/2013 7:22:43 PM
From: Boolish  Read Replies (1) | Respond to of 497
 
Read the news below. They are going to have to issue a prospectus to change series A into redeemable notes. You can't just snap your fingers and voila. These guys have a lot of cash and a large revolving line of credit.

"Under the terms of the offer, the company proposes to allow holders of Series A preferred shares to tender to the company all of their Series A preferred shares for exchange for subordinated redeemable notes that can, in part, be exchanged into common shares of the company (based on an exchange price of 40 cents per share)."



To: Rocket Red who wrote (93)8/19/2014 8:46:21 PM
From: Acton  Respond to of 497
 
Blah. Blah. Blah.