SiNtx Technologies Inc (SINT)

[boston745]

That was the day they announced Weigao deal and after the price increased 100% from conversion price, riverside exercised its note.


Very important distinction between now and 2016 is these shares would not be registered with the SEC and therefore are limited on how they can be sold.

4.2 No Public Sale or Distribution. The Holder is acquiring its pro-rata portion of the Exchange Securities in the ordinary course of business for its own account and not with a view toward, or for resale in connection with, the public sale or distribution thereof; provided, however, that by making the representations herein, the Holder does not agree to hold any of the Exchange Securities for any minimum or other specific term and reserves the right to dispose of the Exchange Securities at any time in accordance with an exemption from the registration requirements of the Securities Act and applicable state securities laws. The Holder does not presently have any agreement or understanding, directly or indirectly, with any person to distribute, or transfer any interest or grant participation rights in, the Securities or the Exchange Securities.