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Regis999

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Regis999

Re: codaras post# 5633

Tuesday, 02/21/2017 11:31:49 PM

Tuesday, February 21, 2017 11:31:49 PM

Post# of 10345
So if they go over 5% they have to file a 13D or 13G. Those three investors have been unwilling to do so.

They normally flip out but they have a ton of shares to unload. Plus the warrants when they are in the money. They participated in the 2015 and 2016 private placements but they doubled down on this one. $ 6 million versus 2015 and 2016 $ 3 million total private placement.

Have to watch and see.
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