Sunday, May 07, 2017 1:31:21 AM
That is correct. Kim can go in a number of different directions. But the point of my post was to show people that the Post Effective Amendment was no indication of what Kim is doing next and held little significance, unlike what your earlier posts were trying to elude to. Unless, of course, you weren't being nefarious and thought the amendment was something significant. If that's the case, I apologize about my inference.
I disagree. CSC can't place that many shares for sale in such a short amount of time and not expect any movement. Putting $200k for sale (about 2.8 million shares at current share price), would likely crash the share price far below the 20% premium that CSC got them for, especially if they are trying to make quick sales and re-up on the next put. They would certainly be losing money this way unless daily volume from other traders increased dramatically. So IMO, i think you are wrong. They could not trade the way you are assuming.
I agree. Which is why I said they could run their business on far less money then the total proposed value of the prospectus.
Thanks
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- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
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