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Re: Something to consider going on at Chapel Hill and HUGO announcement today...
TMDI does not want to wind up on the OTC board as that is the lowest place you can go.I do not know if existing funds that have positions are even allowed to have shares in a OTC stock.That said,TMDI more than likely can pull a strategy and do an offering with warrants that give a higher voting ratio to level the playing field against retail voters.This is what ADMP did and was close with a second go at a r/s vote.IF,IF,TMDI can not get MDT on board for another larger contract with upfront payment enough to raise the stock to meet Nasdaq requirements then I look for Vance to sell as many shares as needed to equal the warrant voting out on a r/s proxy.All companies per the SEC regs list the warrant ratio extremely high with the voting power so it is not illegal..We really,really do not want OTC if we can avoid it.Thanks Roll