If you look at the numbers from Sept 25 to Oct 1st they knocked off $7k of the debenture and it took 13 mill shares from escrow. That would be a current price levels. So to finish it off they will be dumping nearly 50 million shares on the market starting tomorrow. They can keep 4.9% of total O/S. Which is about 23 million shares or so. I guess the bottom line would be another 25 million in dilution/dumping THEN GGI will be history.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.