LOL!!.. that says that when they convert shares, they can not convert more than 9.99% of the outstanding at any 1 time.
215,191,230 shares of common stock outstanding as of April 30, 2014
It means that, if they would be eligible to convert more than 9.99% '21 million' they would have to convert in tranches, sell a tranche, and convert more . ..
The SG is the registration statement, allowing them to sell at any time 17,049,635 shares. And a notification that in the past 90 days, they've been dumping shares. . "Schedule 13D is an SEC filing that must be submitted to the US Securities and Exchange Commission within 10 days, by anyone who acquires beneficial ownership of more than 5% of any class of publicly traded securities in a public company. A filer must promptly update its Schedule 13D filing to reflect any material change in the facts disclosed, including, among other things, the acquisition or disposition of 1% or more of the class of securities that are the subject of the filing."
Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.
I don't have a humble opinion!
At's ma boy!
