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Saturday, July 19, 2014 4:11:12 PM
I don't have the details but I believe those shares had a deadline to be unlocked unless a special filing was made to unlock them, which the filing happened and some freaked out. We were later told it was in the interest of the s1 filling.
I think Paul is just trying to reassure us that they weren't unlocked in the first place for dilution purposes by locking them back up. If something big comes along, they are there, just like before, and we'd be notified by a filing notice, at the minimum, if they were to be converted back to commons and used. Most likely we would get some hint or PR about the use if they were to be converted.
This also tells us he didn't dump any shares onto the market. If what I'm saying is true, then we are in great shape, and this should be further confirmation and reassurance that we are dealing with non typical, above board otc ceo. If this is the case....GO MCIG!!!!!!!!!!!
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