WhereDaily News: GoldLand Holdings Company (GHDC) Implements a Pending Board Resolution on Dilution Against Preferred Conversions
TORONTO, ON--(Marketwired - Jun 3, 2015) - GoldLand Holdings Company (OTC PINK: GHDC) announces that its Board of Directors agreed, as a follow up to the 2-year (24-month) hold or $2.00 common stock price conversion freeze on their preferred stock, to a dilution clause, allowing majority vote of the Board of Directors, to lower the 10-to-1 preferred stock conversion to common stock, once the conversion pricing or 2-year terms have been met.