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Net-Man

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Net-Man

Re: Burnt before post# 52875

Wednesday, 09/20/2017 11:26:42 AM

Wednesday, September 20, 2017 11:26:42 AM

Post# of 58072
The prior conversation was in reference to any shareholder exercising the rights and purchasing shares. Shares purchased are not locked up. On the other hand though, and as you point out, any shares Sifnos acquires through the backstop are locked up. If it goes that way, and it certainly does seem like it will, the OS will be 104 million, but the float will stay at 31 million. That would appear to be a good thing for shareholders in the short run.
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