InvestorsHub Logo
Followers 0
Posts 474
Boards Moderated 1
Alias Born 09/11/2007

Re: Landshark post# 42906

Saturday, 09/15/2007 10:34:59 AM

Saturday, September 15, 2007 10:34:59 AM

Post# of 245723
There's two FORM 5's floating about...

There's this Form 5

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5427911

which clearly states that Viridis has 5Mil+ shares "following" yesterday's sale of 4 million shares...

Then there's the Form 5 you've linked to

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5169675

which says "end of fiscal year"

But I don't see them as being in conflict.

The 4 million share sale took place, according to both Form 5's, yesterday, Sept 14, 2007. The end of the fiscal year was also September 14, 2007.

But the end of the fiscal year would come at the end of the day, so any transactions which took place prior to the end of that business day, Sept 14, 2007, would be calculated into the 5 million share surplus and therefore Viridis has
more than 5 million shares left "following" the September 14, 2007 transaction which took place prior to the end of the fiscal year which, for Viridis, was the END OF THE DAY YESTERDAY...

They didn't hit their fiscal year end until after the trading day was complete, technically not until 11:59 PM 09.14.07

That's the way I interpret both Form 5's. Im sure somebody will correct me if Im wrong.

I also believe it's bullish for SWVC that he's still holding more than half of what he had on sept 13, 2007.