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pblue

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pblue

Re: CIBOLA post# 128162

Tuesday, 06/22/2010 3:46:44 PM

Tuesday, June 22, 2010 3:46:44 PM

Post# of 221872
Reg 13D says "acquisition of more than five percent of a class of equity securities". Is outstanding shares a class? I thought common stock was the class. That would mean authorized shares of common stock. 16B of 76B A/S is still 21%.


Posted by: TomFausett Member Level Date: Tuesday, June 22, 2010 3:40:04 PM
In reply to: pblue who wrote msg# 128161 Post # of 128162

It is outstanding shares
.

With any stock, We have a limited amount of information to make a decision on. We are never going to completely know everything, and if we wait for 100% knowledge we would likely miss all gains because it took too long to finish research.

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