Hello,
I just found this forum via google.
I want to make a question about a due diligence case.
I was just selling my company to another company, a delaware inc..
The salesprice was a combination of cash and stock. The stock was a specific number
of shares of common stock at a specific price per share at a specific valution.

This is 1.5 month ago, now the company is rising more money, issuing prefered stock at
the same price than my common stock. Looking at the cash flow at the company there is no
significant change .. the other way around, they have more cash now every month available.
Looking at the bank, they have the same amout of money still in the bank, millions.

My question now is, is this legal? Selling at the same price prefered stock than common stock
after just selling a significant percentage of the company of common stock to a buyer without
having experienced significant changes of cash?
What happens if I do not accept this deal?. Is there a specific law that obliges a delaware inc.
to sell prefered stock for a significant higher price than common stock?
Is it allowed to sell stockoptions for a 4 times lower price than I payed?

Thanks for your answers.

This area of law can be very complicated. Have you browsed through the information in LawInfo's Free Legal Resource Center to learn more about your issue yet? See: http://www.lawinfo.com/consumer.html. You can certainly try to speak to a lawyer to determine what legal options may be available. In the meantime, you may be able to learn more on your own. Search the "Free Legal Resources" tab, or browse the Consumer Resources. Good luck.

Ok,
thanks for the answer right now.