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Re: Sobek post# 162

Tuesday, 09/13/2016 1:30:04 PM

Tuesday, September 13, 2016 1:30:04 PM

Post# of 914
Actually you are very mistaken! New company didn't issue any new shares. The previous company had a court agreement for 3.75 million shares. I would suspect these are the shares which CFGN sells, but he can't have many left.


Here is the link: https://www.thestreet.com/story/13173043/1/reelcause-inc-announces-settlement-of-lawsuit.html

So float was 3.8, shares but trading history shows approximately 2m shares were sold. NO one knows who got the other 3.7 mill shares. It's not known if these shares will be sold, or at what pps.