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Re: mary777 post# 37844

Friday, 10/20/2017 4:18:08 PM

Friday, October 20, 2017 4:18:08 PM

Post# of 65771
None from notes, but to BDDs point the D preferred shares are coming off of their 12 month hold.

Fully diluted the Ds are 2M commonshares.

I think if Henry Grimmett coverts and then attempts to sell it requires a 4. I calculated that his stake fully converted (previously 460k pref Ds) is worth 1.15M common shares which is 10%. But than again the shares could be split amounts to a few people in GHA. I don't see anything documented with his holding I see this in one of the 8Ks to GHA.

The other D share holders I don't think have enough stake to need to file a 4 to convert and sell.

I don't see Grimmett converting to sell as he is actively involved but I can't say the others won't