Alto Ingredients Inc (ALTO)

[ID Supermoney]

That does not make sense as prior to Dec 31/2013 the warrant holders had more than 30% of company!!

This is ONLY WHEN THEY exercise the Warrants that this 10% rule comes into effect!! And they need to sell off!!

They can buy 10% of shares (less 1 Share)on open market before reporting them on a Form A!! and still own all the warrants more than 10% of company!!


So if you had 3 different companies each owning 10% each of 18 million say 1.8 million shares = 5.4 million plus the 4 million Warrents which are NOT converted yet gives them 9.4 million shares in control of company

and IF THEY OWN the OTHER 9% gives them OVER 50% control of PLANT!!


Take over good or Bad!! And who owns rest of debt????????

These guys could FORCE a SALE to a third party at a PREMIUM!!!

These guys WANT MONEY not OWNERSHIP of company!!

Business is business!!


ID