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Re: asinrolls post# 38359

Wednesday, 06/18/2014 4:05:02 PM

Wednesday, June 18, 2014 4:05:02 PM

Post# of 71742
The insiders are probably getting preferred shares and the divvy will only be given to other shareholders. The reason I think this is because Frank structured WNTR like that.

So, let's assume 600 million in the float. That would be 60% returned to shareholders.

The other 30% would go to insiders and I suspect 10% to Wellington Shields for interest on their loan.

Ic
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