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Re: None

Wednesday, 03/27/2019 1:07:14 PM

Wednesday, March 27, 2019 1:07:14 PM

Post# of 163971
Here's a point of confusion for me.

To me, the below table in the Form 4 filed today (2019-03-27) indicates that Steve Rotman now owns 36,382,373 shares, after:
1) Acquiring 4,000,000 for reason 1. Based on Board approval 1/25/2019 to represent Board
compensation 2018/2019, AND
2) Acquiring 28,016,022 for reason 2. The shares were issued to Mr. Rotman as compensation.



If you take a look at the previous Form 4 for Steve Rotman (filed 2018-05-09), Steve Rotman was holding 14,366,351 shares in total. The 10,000,000 shares acquired in this Form 4 were awarded to Steve Rotman when he became CEO (see below).



However, let's go back to the Form 4 filed today (2019-03-27). Based on the numbers provided in the table, one would assume that Steve Rotman was holding only 4,366,351 shares prior to the "compensation" received earlier this month on March 7, 2019.
*36,382,373 - 4,000,000 - 28,016,022 = 4,366,351

This leads to a 10,000,000 share discrepancy, and the following question:

*What happened to the 10,000,000 shares that Steve Rotman was awarded when he became CEO?*

Does anybody know? I can't find any Form 4s that address this discrepancy.
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