Wednesday, September 23, 2009 2:51:51 PM
Registration of Additional Securities
Could the price drop have been because of the additional 25M shares of common stock being registered, or is it just lack of news from company or patience of some investors? I know that I would like to see some news on what if anything is being done...Stockinvestor
The contents of the Registrant’s registration statement on Form S-8 as filed with the Securities and Exchange Commission on August 15, 2005 (File No. 333-127553) are incorporated herein by reference. Unless otherwise specified, capitalized terms herein shall have the meanings ascribed to them in such prior Form S-8.
In accordance with General Instruction E to Form S-8, the Registrant is registering 25,000,0000 shares of its common stock pursuant to this registration statement, all of which are reserved for issuance under the 2004 Equity Incentive Plan, as amended. Under the prior Form S-8, the Registrant registered a total of 7,000,000 shares of its common stock that had been or were eligible to be issued under the 2004 Equity Incentive Plan, as amended.
http://ih.advfn.com/p.php?pid=nmona&cb=1253731353&article=39561562&symbol=NB%5EMCET
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