InvestorsHub Logo
Followers 16
Posts 1898
Boards Moderated 0
Alias Born 05/12/2016

Re: RockoTaco post# 103929

Thursday, 02/20/2020 8:28:16 AM

Thursday, February 20, 2020 8:28:16 AM

Post# of 140471
Rocko, those of us who can read plain English know that these are now shares of stock that they own. Phrases like "Mr. Nathoo and Mr. Kassam are the beneficial owners of 4.9% of the outstanding shares of Common Stock" cannot be realistically interpreted as meaning "Well, they actually just have some warrants but they COULD buy stock..."

Oh, but my sister's friend's cousin knows a guy with an investment thingy who says they really mean warrants. Nah, not buying it. Either someone's advisor is clearly yanking their chain, or someone is yanking ours. "Outstanding shares of Common Stock" only has one meaning. Especially in a regulated SEC filing.