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NewJerichoMan

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NewJerichoMan

Re: Locke1 post# 3315

Tuesday, 02/14/2017 12:49:41 PM

Tuesday, February 14, 2017 12:49:41 PM

Post# of 4231
They don't have options, technically.

They have Series A preferred which can be converted to ~5M shares at their own volition. They don't have to ask permission. They can sell them whenever they want and have promised to do so in a polite and orderly manner. Little reason to think they'd hold the Series A for an extended period after their formal letter ending the relationship.
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