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Re: stock investor 21 post# 47023

Wednesday, 07/26/2023 10:03:07 PM

Wednesday, July 26, 2023 10:03:07 PM

Post# of 52297
🙄There is no provision in that contract prohibiting Apollo from owning more than 4.99%. You are referring to the 13D 10 day reporting requirement threshold on >=5% ownership stake. Until Apollo files a 13D (or quarterly 13F), IQST is only capable of knowing that Apollo had (though it may continue to possess) the shares it sold to them under the terms of their funding contract, as such it must report their current ownership stake as 0 until Apollo says "No. Here is our 13D. We own 5% or more of IQST"🙄 13 Fs are due 45 days after reported Quarter ends, but are a different matter
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