Nate to much BS on the relm board to get any good DD going. You think there is any connection with the amount of shares that hit the market and the ones in the 2009 fins. It's almost the same amount of shares.
RELM plans to issue an additional 315 million shares of restricted RELM stock to AVI shareholders to acquire the remaining 24% balance of shares in AVI. As part of the plan, each AVI shareholder of record before the acquisition of AVI by RELM is expected to receive 14.2 shares of RELM for each share of AVI. AVI continues to pursue its efforts to acquire four information technology services companies
Also look at this The Company currently has two wholly-owned subsidiaries: 1300 N. Market Street LLC (“LLC-1”) and Grand Sierra Resort Corp LLC (“LLC-2”). LLC-1 had a closing scheduled to purchase a 65,000 square foot office building in Wilmington, Delaware and is in process of finalizing the items required for the closing and upon the liquidation of the stock under Rule 144.
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