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Re: ignatiusrielly35 post# 100257

Wednesday, 07/03/2019 10:30:59 AM

Wednesday, July 03, 2019 10:30:59 AM

Post# of 108192
Yes - I know the required forms to file when crossing 5% (+) ownership in a public company.

Yeah, what investors have ownership restrictions? None that comes to mind.

That was the question - so you know there's no limitation of a fund/investment group in their (%) ownership of a company that may be investing here. If that's the case then it does sounds like it is to avoid public filing, and if the investment is large enough, to not be responsible to shareholders and any other affiliate requirements that come along with it

Bottom line: they're about to sell a huge chunk of this company for peanuts and at an all time low.
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