InvestorsHub Logo
Followers 2775
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: _God_ post# 19504

Wednesday, 09/02/2015 1:30:34 AM

Wednesday, September 02, 2015 1:30:34 AM

Post# of 46308
Let's do the math.....Hudson got 8 million shares on January 23rd. 1 million they were allowed to sell right away. The other 7 million shares they can only sell 1 million shares per month unless stock price goes over 17 cents. Stock has not gone over 17 cents since the settlement.

Hudson 7 million shares under volume limits
Allowed to Sell 1 million February
Allowed to Sell 1 million March
Allowed to Sell 1 million April
Allowed to Sell 1 million May
Allowed to Sell 1 million June
Allowed to Sell 1 million July
Allowed to Sell 1 million August

That equals 7 million its September now and I think Hudson is out of shares or AT THE MOST he held a few shares back for a big pop down the road. Its just simple math 1+1+1+1+1+1+1=7

On January 23, 2015 we entered into an agreement with Hudson Bay IP Opportunities Master Fund LP to, among other things, terminate the litigation between us, terminate all agreements between us, cancel all warrants we have previously issued to them as well as the outstanding balance of the Class C Note, provide for mutual releases and our delivery of eight million shares of our common stock, of which seven million shares will be subject to certain volume limitations upon resale.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WDDD News