HowStuffWorks (HSWI)

[ChangeDirector]

I found this post on another board, I think it explains it decently.

"Heres the problem imo FROM FILING....
In addition, the proposed amendments also reflect that after the proposed merger with Discovery, HSW would seek to distribute or sell a substantial portion of shares it holds of the Registrant(HSWI). The Registrant has a stockholder rights agreement and certain registration rights agreements that are proposed to be amended to allow for HSW to effect such distribution or sale. As a result of the consummation of such distribution or sale, the Registrant’s public float could increase.

http://www.hswinternational.com/secfiling.cfm?filingID=1104659-07-74801 "