term sheet with investor, page-19

  1. 326 Posts.
    Do you think it would of been nice to give existing shareholders the chance to own "Necsel" instead of only Asian based institutional investors and give us first shot at these series A preferred shares with a guaranteed 10% Divvy.
    As owners of the company shouldn't we get first pick at owning the profits from the tech that a lot of us thought we were investing in?
    The sign of a great board is one that continuously thinks of their shareholders first!
    My first big x against your name McKenzie. I hope it is your last and you remember the long suffering ones next time you want to do a spin off to investors.
    Not Happy
 
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