PositiveID Corporation (fka PSID)

[Robsct]

Here it is at the bottom of page 12 in this filing. It is not a self imposed restriction. And if they convert more series F they have to do another filing. The latest filing was for "up to" 9,000,000 shares and that's all they can have under that filing. They actually bumped up against that 9.99% restriction at 5.3 million shares on the first conversion. So they have to wait until they sell that off before they can get the rest of the 9 million shares They can't ever have the avalanche of shares you want everyone here to believe they hold. And now they have much less or practically none at all because with the volume being so high lately they have sold it all. And I give the link and the page number just to be honest with everyone here. I don't post unreferenced crap!

"Ironridge is restricted from converting any Series F to the extent it would cause Ironridge to hold more than 9.99% of our total outstanding shares at any one time."

http://www.sec.gov/Archives/edgar/data/1347022/000139843214000063/psid20140207_424b3.htm