Manny M. Carter is a Managing Member of Legacy Laser Services and a current Board Member of ERF Wireless Inc.
From July 6 through July 27, 2015, we issued 4,000,000 shares of Series B Preferred Stock in exchange for $4,000,000 of debt under the Line of Credit Agreement with Angus Capital Partners. We received no additional compensation at the time of the exchange. The shares were issued at an average of $1.00 per share. The issuance of the shares constitutes 40% of the authorized Series B Preferred Stock and 100% of the issued and outstanding Series B Preferred Stock.
the "idiots" would be the major preferred holders which happen to be papa, beebers and scooter. I'm sure they're blaming "others" though
I wish our old buddy Lew was around to explain how tempting the current PPS is. I wonder if he's married his cellmate or just living in sin.