Friday, October 21, 2016 1:55:24 PM
...dilution levels.
bkshadow or anyone, could you please explain to me the numbers in the first row ("Appaloosa") of the table "Selling Security Holders"
https://www.sec.gov/Archives/edgar/data/933136/000119312515400186/d29830d424b3.htm#toc87880_7
IMO the numbers don't match up. Why are the 18,158,802 commons 2.93% ? Does not match for 206,168,035 shares and not for 549,025,195 (after conversion)
Appaloosa 18,158,802 Commons ("beneficially")
Full Conversions:
Existing Commons 202,343,245
"As If" Exercised Warrants 61,400,000
"As If" Series A Preferreds 10,065,629
"As If" Series B Preferreds 342,857,143*
Total 620,490,807
* @$1.75
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