TheEEStory.com

News, reviews and Discussion of EEStor Inc.
Fri, 14 Aug 2009, 9:56am ZENN announces quarterly results (quarter ending June 30 2009) »
Bill300
EExpert
Registered: Aug, 2008
Last visit: Wed, 11 Aug 2010
Posts: 122

Bro,

It is a standard statement, but I am sure, absent an amendment to the existing investor agreements, that the option for them to invest additional funds has passed. They had 30 days to do it at a specified price. They chose not to invest in CS under that option. End of story.

Offline