Saturday, March 17, 2007 6:24:13 PM
http://www.sec.gov/answers/accred.htm
The form does not seem to mention the amount of shares or the price per share.
But it does mention that the shares are "not intended to sell to non-accredited". So they cannot be dumped on the market.
But it is still diluting us of course...but except from "already sold 100.000" (to 1 investor), we don't know how popular these things will be of course.
Why can't these investors buy their shares on the market? Is this going to fund the buy-back in the initial phase? ...
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