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Thursday, August 21, 2014 1:43:59 PM
First and foremost it should be noted that all issuances of shares by the company are restricted and cannot enter the market for a minimum of 1 year. Almost all of the recent issuances have been purchases by employees taking advantage of the low market price.
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=9670
August 20 Shareholder Letter said:
With that being said, we have to issue shares from time to time, including issuing shares as part of strategic mergers and acquisitions, and in attracting world class executives and key employees that bring incredible value to our team. We also must fulfill our obligations under employmentagreements, and allow for employees to purchase shares under our employee stock option plan, giving our employees added incentive to build company value.
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=10956
So the lie went from shares restricted for 1 year to shares issued immediately, right?
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