Friday, October 17, 2014 12:29:28 AM
It would be beneficial for retail shareholders to understand what's happening with the share structure and thus what impact it will eventually have on the tradable float (which will never be locked up) IMHO
"... In the event that Form S-3 is not available for the registration of the resale of Registrable Securities hereunder, the Company shall (i) register the resale of the Registrable Securities on Form S-1 and (ii) undertake to register the Registrable Securities on Form S-3 as soon as such form is available, provided that the Company shall maintain the effectiveness of the Registration Statement then in effect until such time as a Registration Statement on Form S-3 covering the Registrable Securities has been declared effective by the SEC. ..."
http://www.sec.gov/Archives/edgar/data/1533998/000114420414057598/v389920_ex4-1.htm
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