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The Statement of Ownership (sc -13g) must be

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JB3729   Tuesday, 04/24/18 08:49:03 AM
Re: Marvino16 post# 53854
Post # of 184548 
The Statement of Ownership (sc -13g) must be filed if someone beneficially owns more than 5% of a security. It doesn't mean that the filer will be exercising or selling shares.
Quote:

(a)
Amount beneficially owned: 10,836,366 Shares comprised of: (i) 4,660,506 Shares and (ii) 6,175,860 Shares that may be acquired on the exercise of warrants.

(b)
Percent of Class: 6.85%, calculated based on 158,302,146 Shares comprised of (i) 152,126,286 Shares outstanding as of March 30, 2018 as indicated in the Issuer’s Annual Report on Form 10-K filed on April 2, 2018 and (ii) 6,175,860 Shares that may be acquired on the exercise of warrants.


Quote:
Wat does this statement of ownership mean exactly?



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