1(b) that they have to provide to the Board of Directors or its committees to further its business interests in a safe and timely manner,” said R. James Kennedy III. “As such, we will also be able to have a greater range of investors and other relationships with the Company and other parties.” Kennedy was director of the company from August 2012 through June 28, 2015, including the time period of the proposed transaction with L.E.C. He received 17,000 in noncompensated compensation in 2012 and 2013. In addition, the transaction is subject to a 60- day hold period. A copy of the proposed amendment has been sent to the SEC and the Florida Securities Commission.
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