The rule that you cite deals with an issuer that has filed a SC 13G and is now expressing a desire to influence control. The rule that you cite indicates that such an act would require the filing of a Schedule 13D.
1. The recent transactions have NOTHING to do with that. 2. The company has ALREADY filed an SC 13D. 3. The recent transactions require the amendment of that 13D. 4. The rule that I cited provides the time within which that amendment must be filed ("promptly").
Check your post. Read it again and get back to me.
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.