I don't know how outstanding shares are counted but in the 13G it looks like TRIL has 13,146,239 Common Shares so the math is correct as 2,173,000 sh is 16.5% of the above
The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The Company informed the Reporting Persons in writing that as of December 5, 2017, there were 13,146,239 Common Shares outstanding. The percentages set forth herein are calculated based upon such number of outstanding Common Shares.
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