GIGL The wording on the agreement states that Iconic will always own 9.99% of the outstanding shares.Each 13g shows the increase current amount owned relative to the increase in AS due to company stock sales, so 9.99 × their 10,227,653 shares =an AS of 102,174,253 shares. We still have a reasonable AS but it is increasing by the amount that GIGL sells plus 9.99% for Iconic.
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