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Re: fabius post# 35816

Thursday, 07/19/2018 10:49:32 AM

Thursday, July 19, 2018 10:49:32 AM

Post# of 38634
The more I look at this, the more I think it is to block Odidi from doing another offering. The face value of this is the prospectus calls for a "RESALE OFFERING" of shares these guys already own- for sale through underwiters, etc at $0.45. There are 6M+ shares there. So I am guessing this offering may in effect block Odidi from doing another offering of his own. Would like other opinions on this.