InvestorsHub Logo
Followers 128
Posts 7613
Boards Moderated 0
Alias Born 06/25/2007

Re: Ineedmoreshares post# 82516

Friday, 10/05/2007 7:59:30 AM

Friday, October 05, 2007 7:59:30 AM

Post# of 162847
"With the entire debenture redeemed, approximately 400,000,000 shares of restricted common stock that remained in escrow are being returned to the company's treasury for cancellation."

Am I the only one that sees something wrong with this sentence?

Is it restricted stock or is it common stock because I've never heard of restricted common stock...if it's restricted and was in escrow then there is still ~950 million O/S

I think most people will be waiting for an 8K....I don't see new share structure declared...just a hopeful sentence about Shareholders being happy


If you don't like what I have to say put me on Iggy!!!

Join the InvestorsHub Community

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.