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Re: WARHAMMER post# 695

Wednesday, 10/01/2014 12:01:14 PM

Wednesday, October 01, 2014 12:01:14 PM

Post# of 1397
LAst post of the day

3 classes of shares Authorized, Issued and Outstanding

Authorized - total amount that can be issued by the company

Issued - Shares that have been earmarked for a particular purpose, includes restricted shares, unvested options and other shares that are not tradeable

Outstanding - Shares that are current in the market and can be actively traded

so these options/warrants/RSA's are issued but cannot be sold as they need to vest and until they vest cannot be converted. Upon vesting they go into the O/S as they are now tradeable securities.

Hope this clears things up, otherwise hit me up on twitter

@sootkoos