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Re: Nicasurf post# 2613

Wednesday, 02/21/2018 9:52:20 AM

Wednesday, February 21, 2018 9:52:20 AM

Post# of 4533
If you look the first 13g filing done by David Foster was in March of 2017.

https://www.sec.gov/Archives/edgar/data/1429900/000170044517000002/ReachMessaging13gFiling.txt

He could have accumulated those shares over a long period of time starting weeks or even months before March of 2017. It wasn't until David Foster reached the 5% threshold that he was required to do a 13g filing.

The January 2018 filing was done as an amended filing because according to the amended ownership filing (line 11), Foster found information that led him to believe that the O/S was 2,000,000,000 shares which is bigger than he originally thought and so he updated the percentage assigned to his holdings from 6.1% to 3.2% of the O/S

https://www.sec.gov/Archives/edgar/data/1429900/000170044518000003/ReachMessagingAmend.txt

Both the filing done in March of 2017 and the filing done in January of 2018 kicked off action here with merger rumors. But just like in March of 2017 the February 2018 merger rumors are bogus.