6k out: 11 million shares issued to Hannover June 4/5
That´s 7/8 million dollars less of debt.
Since the issuance of the Initial Settlement Shares and the Additional Settlement Shares described above, MGP demonstrated to the Company’s satisfaction that it was entitled to receive the issuances described below at such time of the request for such Additional Settlement Shares based on the adjustment formula described above, and that the issuance of such Additional Settlement Shares to MGP would not result in MGP exceeding the beneficial ownership limitation set forth above. Accordingly, on June 4, 2014 MGP requested 6,800,000 Additional Settlement Shares and on June 5, 2014 MGP requested 4,200,000 Additional Settlement Shares pursuant to the terms of the Settlement Agreement approved by the Order. Following the issuances of the above amounts, the Company will have approximately 69,338,468 shares outstanding, which outstanding amount includes recent share issuances related to employee grants, previously issued convertible notes and partial conversions of outstanding preferred stock.
