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Thursday, May 01, 2014 3:29:09 PM
Folks are are reading the form 4 incorrectly. Irwin only returned back his stocks to APT. In the 3/21 8K, FROZ had to return all shares not outstanding at that time, (only 900 million) was floating and everything else had to be returned back to APT except for Matthew's 500,000 preferred B. This is what the form 4 is, its not what the board is thinking that Irwin is selling these shares into the market.
This is from the 3/21 8K
In consideration of the Share Exchange Agreement, the management of FROZ shall return to treasury and shall cancel 20,000,000 shares of Series B Preferred Stock, which as of today’s filing represents approximately 90% of the total capitalization of FROZ in combined preferred and common stock. The remaining 500,000 Series B Preferred Shares will be retained by FROZ stockholder Matthew Schissler.
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