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Lottalead

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Lottalead

Re: downsideup post# 380

Tuesday, 02/08/2011 7:50:18 PM

Tuesday, February 08, 2011 7:50:18 PM

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In this form 3:
http://sec.gov/Archives/edgar/data/1446727/000150027510000001/xslF345X02/primary_doc.xml
,they show ownership of 5m shares and list it as 5.3%.
5m shares is less than 5% ownership of the current 135,625,000, so am I correct in assuming they will not have to file if they add or sell up until they cross that 5% ownership threshold again?
Looks like they accumulated those shares in the .03-.-4 range, maybe even higher on those high volume days in mid August.
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