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Re: ttmasher post# 2761

Thursday, 01/19/2017 2:12:01 PM

Thursday, January 19, 2017 2:12:01 PM

Post# of 4800
Are you serious??? You can't be trying to imply that this was a private offering. That isn't true and you should be more careful about spreading false info like that. It wasn't, shares were accumulated most likely over a time period and once they crossed the 5% ownership level, they then were required to file a 13G. Because it falls under rule 13d-1, they are given 45 days from the end of the calendar year to file the 13G in the year the transaction took place, not 10 days, so yes the date part is correct in that they crossed over 5% at the end of November but it wasn't a private placement.

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