Friday, October 19, 2018 10:44:47 AM
Looks to me like Boyd was a seller, not a buyer. Sold around 250,000 shares, just enough to get under 10% ownership. Maybe he sold shares and bought some warrants, not sure how those are reported on 13g's, but there are some important points about who files on 13d vs. 13g.
http://securities-law-blog.com/2014/06/24/schedule-13d-13g-filing-requirements-public-company-shareholders/
In order to file 13g, he is attesting that he is a passive investor and not interested in changing control of the company. Also, it looks like the advantage of being under 10% is that he only has to file an update once every calendar year.
Call on God but row away from the rocks.
-Hunter S. Thompson
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